Celsius Pivots To Paying Off Aave And Compound’s Debt: Report
Celsius pivots to paying off Aave and Compound’s Debt in an attempt to reclaim the collateral it posted as guarantees so let’s have a closer look at today’s latest crypto…
Aave Price Analysis: $76.6 Breakout May Drive AAVE by 23%
The AAVE price takes a bullish turnaround from the bottom support level at the dollar $46 mark resulting in a rounding bottom reversal. Over the last week, the $40 percent…
With $950 Million in Collateral as the Prize, Celsius Turns to Pay Off Aave, Compound Debt
The cash-strapped cryptocurrency lender Celsius, this week paid off $223 million in loans on the Maker blockchain technology to release $450 million in collateral. In a new development, it may…
Aave price analysis: Cryptocurrency value upgrades to $72 after bullish inclination
The latest Aave price analysis shows signs of an uptrend, as the price underwent a further increase in the last 24 hours. The price is on its way towards revival…
Aave Summoning GHOsts With a New Native Stablecoin Proposal
Popular decentralized finance (DeFi) protocol Aave (AAVE) has proposed to the decentralized autonomous organization (DAO) the introduction of a native, decentralized, fully collateral-backed, USD-pegged stablecoin on the Ethereum (ETH) mainnet…
DeFi Lender Aave Plans to Launch Stablecoin, Says CEO
Aave has revealed plans to launch a U.S. dollar-pegged stablecoin called GHO, part of an effort to expand revenue and make borrowing on the DeFi protocol “more competitive”. The post…
Aave Proposes to Launch an USD-Pegged Stablecoin Called GHO
Aave is set to move forward into the stablecoin industry that has a market capitalization of $150B.
Aave to launch overcollateralized stablecoin called GHO
GHO would allow users to borrow the stablecoin while still learning yield on their locked assets on Aave, however the proposal is just seeking feedback at this stage.
DeFi Giant Aave Wants to Launch Its Own Stablecoin
The proposal now goes to the Aave DAO for a vote.
Aave Wants to Launch a Rival to MakerDAO’s DAI Stablecoin
Aave has put forward a proposal to launch a decentralized, collateral-backed stablecoin called GHO.
