Chainlink’s Proof of Reserve feature is now available on Aave lending platform on the Avalanche blockchain for on-chain verification and transparency of lending markets.

Rewards from staking ether on Lido will now be distributed by Aave on Ethereum, Arbitrum, and Optimism following a recently-concluded community vote.

First proposed in November 2021, Aave’s latest upgrade is finally here.

Stani Kulechov, the founder of the decentralized finance (DeFi) protocol Aave, highlighted several issues within the DeFi space at the StarkWare Sessions 2023, held at The Cameri Theatre in Tel Aviv, Israel. 

Lido’s [LDO] Wrapped State ETH [wstETH] was at the top of charts at press time, as per the Ethereum [ETH] market on Aave [AAVE]. Lido‘s wstETH is a type of ERC-20 token that represents a stake in the Ethereum 2.0 deposit contract, allowing users to take part in the Ethereum 2.0 network and earn rewards for staking their tokens.

DeFi lending platform Aave is set to launch the third version of its protocol on Ethereum after a successful DAO vote.

According to a new post on Jan. 26, Marc Zeller integrations lead at decentralized finance (DeFi) lending protocol Aave stated that the firm purchased 2.7 million Curve (CRV) tokens which would clear "excessive remaining bad debt" within the next 15 hours over a dozen transactions. The move follows the community approval of Aave Improvement Protocol (AIP) 144, which deployed a swap contract that acquires 2,700,000 units of CRV, with a USDC spend limit of $3,105,000 and max unit value of $1.15 per CRV token.

Decentralized non-custodial lending and borrowing protocol Aave is voting to execute its third iteration or “v3” on the Ethereum blockchain, a critical moment for the DeFi community hoping to benefit from v3’s focus on risk management and capital efficiency.

Alameda Research liquidators were liquidated for US$72,000 from an on-chain position on decentralized finance (DeFi) lending platform Aave while trying to consolidate funds from Alameda wallets into a single multi-sig wallet.

Alameda liquidators lost $72,000 on DeFi lending platform Aave after getting liquidated themselves while attempting to recover funds for creditors.

The price of Avalanche (AVAX) has increased by 26% following the announcement that Amazon Web Services (AWS) has partnered with Ava Labs. This partnership happens to scale blockchain adoption for enterprises, institutions, and governments.

Avalanche launches new infrastructure features on AWS, including validator tools for compliance use cases.

Nansen takes a look at how DeFi has performed and highlights interesting statistics about DeFi.

<b>Aave Grants DAO Renewal:</b>&nbsp;We are proposing to renew Aave Grants DAO for the next two quarters by providing $3.25 million dollars ($1.625 million per quarter). This is the fourth proposal from Aave Grants DAO. Aave Grants DAO is a community-led grants program, focused on growing a thriving ecosystem of contributors within Aave through funding ideas, projects and events that benefit the ecosystem. We aim to drive development on top of Aave and ensure a constant influx of talented builders to maintain Aave’s long term growth. We help build culture and community around the Aave ecosystem that in turn attracts the best contributors.

Popular decentralized finance (DeFi) lending protocol Aave is set to integrate proof of reserve in order to secure bridged assets on Avalanche, a layer-one blockchain specializing in smart contracts.

Decentralized lending protocol Aave will implement a “proof of reserve” system to protect bridged assets on Avalanche, a decentralized finance (DeFi) twist on the centralized exchanges racing to shore up customer confidence in the wake of FTX.

Stani Kulechov, the founder of Aave and Lens Protocol, sold 715,000 LDO tokens on Dec. 21 data from Etherscan showed.

Exclusive correlation between new DeFi solutions and established financial services like loans and transactions is a common feature of several of these developments. The DeFi solution, of which Aave is an illustrious instance, is designed to facilitate consumers’ access to and acquisition of encrypted resources in the absence of middlemen.

<a href="https://ambcrypto.com/what-does-aaves-growth-on-arbitrum-mean-for-the-current-state-of-l2s/">Aave’s [AAVE] performance</a> this week indicated a continuation of the bearish trend that started last week. So far, the coin has failed to secure enough buying pressure to recover November losses. But it is not all doom and gloom, now that ETH whales have increased their demand.

Leading cryptocurrency protocol <a href="https://ambcrypto.com/predictions/aave-price-prediction">Aave [AAVE]</a> recently <a href="https://governance.aave.com/t/arc-add-wsteth-to-aave-v3-on-optimism/10932" target="_blank">introduced</a> a new proposal detailing the addition of Lido’s wrapped stETH, wstETH, to its V3 deployment on layer 2 network (L2) Optimism.&nbsp;