A new proposal from the Aave community suggests increasing the GHO minting limit to 40 million coins
ChaosLabs has launched a new proposal in the Aave community, suggesting to increase the coin minting limit of GHO to 40 million, with the ultimate goal of gradually increasing the coin minting limit to 50 million over the next few weeks based on the restrictions of risk management personnel, by increasing the borrowing limit by 5 million every five days.
AAVE breaks above $100
The market shows that AAVE has broken through $100 and is now trading at $103.05, with a daily increase of 13.1%. The market is volatile, so please be cautious with risk management.
The Aave community launches a temperature check proposal for "launching weETH on the Aave V3 Ethereum network"
On February 14th, as shown on the governance page, the Aave community initiated a "temperature check proposal for weETH to be launched on the Aave V3 Ethereum network." weETH is a liquidity re-collateralization token from ether.fi. Users who deposit weETH into Aave will receive ether.fi and EigenLayer points for future incentives.
A whale address transferred 200,000 AAVE to Binance 2 hours ago
According to data analyst Yu Jin, on February 7th, a whale/institutional address transferred 200,000 AAVE (approximately 16.7 million USD) to Binance 2 hours ago. This address previously withdrew 23,6779 AAVE from Binance at an average price of $74.4 in January and October 2023. All of the AAVE has now been transferred to Binance, with potential earnings of approximately 2.23 million USD (+12%) if sold.
The Aave community has voted to adopt the "Aave V1 deprecation" proposal
Aave passed the proposal to "abandon Aave V1" and manage the treasury. The "abandon Aave V1" proposal aims to approve further steps to decommission Aave v1 to reduce the operating costs of deprecated Aave instances; the fund management proposal involves the launch capital of the GHO stability module (GSM), RWA strategy, and the DAO pledge-as-a-service product Frontier.
A certain whale deposited 36,779 AAVE into Binance an hour ago and still holds 200,000 AAVE.
Lookonchain monitoring shows that in January and October 2023, a certain whale withdrew 236,779 AAVE (worth $17.62 million) from Binance at a price of $74.42. One hour ago, they deposited 36,779 AAVE (worth $3.11 million) into Binance. The whale currently holds 200,000 AAVE (worth $16.88 million), with a profit of $2.37 million.
A whale transferred the last 100,000 AAVE in the address to Binance
Blockchain analyst Yu Jin wrote that half an hour ago, a whale transferred the last 100,000 AAVE ($8.36 million) in the address to Binance. This whale has transferred a total of 363,995 AAVE ($30.9 million) to Binance in a day and a half. This is likely the reason for AAVE's recent poor price performance. The AAVE was withdrawn by the whale from Binance in November 2023 at an average price of $98.8. However, the current price of AAVE is $83, which means that the whale's AAVE investment may have lost up to $5.05 million (-14%).
Aave community opens temperature check vote on proposal to “integrate GHO stablecoin across multiple blockchain networks”
The Aave community has initiated a temperature check vote on the proposal to integrate the GHO stablecoin across multiple blockchain networks. The goal is to enhance the liquidity, accessibility, and interoperability of GHO while maintaining its security and stability. By utilizing Chainlink's Cross-Chain Interoperability Protocol (CCIP), users will be able to bridge GHO in a secure and simple way. After a positive evaluation of the proposal, the technical implementation process will be launched.
Aave DAO approves staking plan and plans to improve GHO’s peg stability
Aave DAO announced that it has approved a collateral plan that will diversify its collateral risk. In addition, Aave DAO also approved two changes related to its stablecoin GHO, aimed at improving its own product anchoring stability and supporting a wider range of Ethereum ecology. <br>
The founder of Aave exchanged 5,500 AAVE for 564,000 USDC in the past 7 hours
According to Spot on Chain monitoring, on January 17th, Aave founder Stani Kulechov exchanged 5500 AAVE for 564,000 USDC in the past 7 hours.
