Aave founder Stani Kulechov denied reports that the protocol would sell AAVE tokens at a 70% discount, clarifying that any talks with Kraken about buying a stake involve existing allocations held by Aave Labs. He emphasized that all revenue from the Aave protocol and its GHO stablecoin flows directly to AAVE token holders, rejecting any notion of cheap token sales. Kulechov also announced plans for automated AAVE buybacks under the upcoming Aavenomics 3.0, extending a current program authorized to repurchase up to $50 million of AAVE annually. These developments come as Aave recovers from a major exploit in April and Kraken pursues acquisitions ahead of its planned public listing.
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...
Aave has launched its V4 protocol on the Avalanche blockchain, marking its first expansion beyond Ethereum. This move aims to accelerate lending for tokenized real-world assets such as US Treasuries, money market funds, private credit, and corporate ...
