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.
The Aave community voted to approve the proposal to “add PYUSD to the Aave V3 Ethereum network”
According to the Snapshot governance page, the Aave community voted to approve the proposal to "Add PYUSD to the Aave V3 Ethereum network". PYUSD is a stablecoin backed by the US dollar launched by PayPal and issued by Paxos. The current circulating supply has exceeded $230 million.
An address pledged 3,300 ETH and 1.5 million USDC to lend 1,400 BTC from AAVE
According to Scopescan monitoring, a whale (an address starting with 0x1111) mortgaged 3300 ETH ($74 million) and 1.5 million USDC, and borrowed 1400 BTC ($64 million) from AAVE.
Aave: Temporarily disabling new supply and borrowing of AVAX, WMATIC and MaticX, user funds safe
Aave Labs announced on X platform that Community Guardian has taken temporary preventive measures by disabling new supplies and loans of AVAX, WMATIC, and MaticX to alleviate potential technical issues. All other assets in V3 and V2 markets continue to operate normally, with no funds at risk.
AAVE breaks above $110
According to market data, AAVE has broken through $110 and is currently trading at $110.12, with a daily decline of 5.44%. The market is volatile, please exercise caution in risk management.
The Aave community launched a proposal to "increase the OP loan limit on Optimism Aave V3"
According to governance pages, the Aave community has initiated a new proposal to increase the borrowing limit for OP loans on the Optimism Aave V3 market to meet the demand for borrowing. The current borrowing limit is 500,000, and the proposal suggests increasing it to 1 million.
AAVE breaks above $110
According to market data, AAVE has broken through $110 and is currently trading at $110.27, with a daily increase of 4.36%. The market is volatile, so please be cautious with risk management.
Aave community votes to transfer 6.11 million CRV from Ethereum mainnet to GLC Safe
The proposal from the Aave community to transfer approximately 6.11 million CRV positions from the Ethereum mainnet collector to GLC Safe has been unanimously approved. The specific details include: transferring all available CRV from Aave's mainnet treasury to GHO Liquidity Committee (GLC) SAFE and deploying it to sdCRV. After implementing this AIP, CRV will be withdrawn from Aave protocol (V2 and V3) on the Ethereum mainnet and all new available CRV will be transferred to GLC SAFE.
HashKey Exchange: The AAVE/USD rate will be restored on December 25, when the base rate will be 0.15%
HashKey Exchange has issued an announcement on the resumption of AAVE/USD fees. It is announced that the fee for this trading pair will be resumed on December 25th. The basic fee for AAVE/USD is 0.15%. All customers will be matched with corresponding membership level fees based on their 30-day trading volume or daily asset balance. Orders placed before December 25th will maintain a fee of 0. Currently, AAVE/USD is only available for professional investors.
Aave's "Governance System V3 Upgrade" proposal has been unanimously approved, and the upgrade results will be implemented within 7 days
According to information from the Aave governance forum, the "Governance System V3 Upgrade" proposal has been unanimously approved. A total of 1,122,272 AAVE participated in the vote, with a support rate of 100%. The upgrade will be executed within 7 days.<br>It is reported that the proposal suggests migrating Aave Governance v2.5 to v3, transferring all permissions from the v2 system to v3, and executing all necessary smart contract upgrades and various miscellaneous preparations.