Gnosis, Zisk, and the Ethereum Foundation launched the Ethereum Economic Zone (EEZ), a new rollup framework that allows smart contracts on various Layer-2 rollups to interact directly with each other and the Ethereum mainnet in a single transaction. This eliminates the need for bridges, which have fragmented liquidity across many Layer-2 networks. The project is co-funded by the Ethereum Foundation and includes founding members like Aave and Centrifuge. Using zero-knowledge proofs, the EEZ promises real-time verification and synchronous composability, addressing key issues in Ethereum's Layer-2 ecosystem. The framework will be open-source and run as a Swiss non-profit, competing with other interoperability solutions like Optimism's Superchain and Polygon's AggLayer.
Aave DAO has proposed an innovative mobile app that integrates fiat currency deposits, self-custody, and decentralized finance (DeFi) lending in one platform. This app allows users to convert fiat to stablecoins and earn yields without needing extern...
Monad has increased its weekly incentives to $75,000 to support liquidity for Agora's AUSD stablecoin on its blockchain. AUSD is a US dollar-backed stablecoin managed by VanEck, with reserves in cash and US Treasury bills. This move follows Monad's r...
Aave has deployed its V4 lending protocol on Avalanche, marking its first expansion outside Ethereum. This launch focuses on institutional lending backed by tokenized real-world assets, using a new Hub and Spoke architecture to enable specialized cre...
Aave V4 has launched on Avalanche, marking its first expansion beyond Ethereum and introducing specialized lending markets for tokenized real-world assets like US Treasuries and corporate bonds. This new Hub-and-Spoke architecture allows institutions...
Aave founder Stani Kulechov announced the deployment of Aave V4 on Avalanche, supported by a $15 million incentive package to boost tokenized real-world asset (RWA) growth. The new V4 architecture isolates risk across separate liquidity hubs, enablin...
