Lending giant Aave set to launch liquidity mining program
Can governance token distribution help Aave overtake Compound? With a liquidity mining program set to launch on Monday, Aave could be on the cusp of becoming the dominant decentralized finance (DeFi) ledning protocol. Earlier today, Aave Improvement Proposal (AIP) 16 reached quorum, meaning that starting on Monday, 4/26 liquidity providers and borrowers in Aave’s USDC, DAI, USDT, GUSD, ETH, and WBTC pools will earn stAAVE rewards in addition to their standard interest yield.Per AIP 16, providers and borrowers in these pools will split 2,200 stAAVE tokens per day from the protocol’s current....
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Aave has launched its v2 liquidity mining program, offering roughly $880,000 worth of governance token rewards to users daily until July 15. Aave has launched liquidity mining incentives for its v2 protocol, paying out governance token rewards exceeding 20% to users who borrow stablecoins. At the time of writing, users who deposit stablecoins into the protocol can earn an addition yield of between 4.78% and 13.49% on top of their regular gains in the form of staked AAVE (stkAAVE) tokens. Wrapped Bitcoin deposits are also paying an extra 4.59%, while Ether deposits are garnering 2.11% in....
Why acquire when you can integrate? Happy Wednesday fellow DeFi degens! I was expecting to spend a large portion of this edition of Finance Redefined analyzing Aave's liquidity mining program. There was some anxiety from investors that the emission of 2,200 $AAVE per day (which would translate to roughly 5% of the ecosystem reserve fund of 2.8 million AAVE per year) might end up dragging down the token's price as farmers earn and dump. I would feel very uncomfortable holding an asset if the governance token of a very important protocol ends up in the hands of people who only think about....
Decentralized liquidity aggregator, brokerage, and crypto lending platform Orion Protocol have launched its liquidity mining program on Uniswap’s AMM. It will distribute weekly rewards to the providers of liquidity for the ORN/ETH pool. Rewarding Uniswap Liquidity Providers with ORN Innovative Defi platform Orion Protocol has recently made liquidity mining available to users on the most popular DEX, Uniswap V2. Every week, 30,000 of the project’s native ORN tokens will be distributed among users who deposit […]
Breaking down Aave protocol’s usage and its liquidity mining program as the platform’s TLV doubles in under a month. Although Aave was launched in the beginning of 2020, it has experienced significant growth in total deposits and daily deposits since the summer of 2020. Overall, Aave has totalled over $45 billion in deposits, with 2021 seeing the protocol average $231 million in deposits per day. More than 46,000 unique Ethereum users have become lenders on Aave, with the average all-time deposit reaching $173,000. Aave’s recent launch on Polygon and the introduction of its liquidity....
On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional financial institutions with defi. KYC-Centric Defi Liquidity: Aave Launches Aave Arc Permissioned Protocol for Financial Institutions Aave has launched a permissioned platform called Aave Arc on Wednesday, a new protocol dedicated to financial institutions that want to particpitate in defi in a....