Aave v2 launches liquidity mining program targeting stablecoin borrowers
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....
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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....
The lending platform added a permissioned liquidity pool to its other decentralized offerings as a way to entice institutional participants to have regulatory compliance in DeFi. Decentralized lending platform Aave has launched its permissioned lending and liquidity service Aave Arc to help institutions participate in regulation-compliant decentralized finance.As opposed to its permissionless cross-chain counterparts on the platform, Aave Arc is a permissioned liquidity pool specifically designed for institutions to maintain regulatory compliance in the decentralized finance (DeFi)....
On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S. dollar’s value.
A New collateral-Backed Stablecoin Crafted by Aave Companies Is Due to Launch After the Aave DAO Votes on Genesis Parameters
Aave explained on Sunday that the Aave decentralized autonomous organization (DAO) approved a proposal to create a stablecoin token called....
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 […]
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....