Join @0xKolten for an AMA livestream with Aave Labs Founder and CEO @StaniKulechov tomorrow, August 6 at 9:30 AM ET, hosted here on 𝕏.
They'll cover Aave App, Stable Vaults, the state of DeFi, securities-backed loans, tokenized stocks, and more.
USDe supplied as collateral on Aave's @monad market now earns a 1% yield boost on top of the existing promotional reward rate from @ethena.
The first $250 million in USDe qualifies for the boost.
$USDC loans on the @aave V4 Prime Hub reached an all-time high of $2.3M, up 28% in the two weeks since Aave turned on borrow incentives.
Borrow incentives are live on $USDC through August 6.
I’ve joined @aave
I’ve admired Aave for a long time. The upcoming Aave App is wicked and it’s a product I can pitch to friends.
I’ll be building out the data function to support growth and if you have any questions please reach out!
Active loans on Aave V4's Prime Hub have reached a new all-time high.
The Prime Hub supports loans against bluechip collateral, including ETH and BTC correlated assets.
$USDG deposits on Aave V4's Main market are up 56% over the past 30 days, now at $61.1M.
The supply cap has been raised twice this quarter to keep up: from $40M to $50M in early July, then to $65M on July 24.
Incentives are still available on USDC loans in the @aave V4 Bluechip market.
So you can borrow against ETH, wstETH, WBTC, and cbBTC at the cheapest rate in DeFi.
The BRCA's whole purpose is that publishing open-source software is not operating an unlicensed money transmitter. The current draft already keeps criminal liability for anyone who specifically intends to move known-criminal funds. That is the right line. This proposal deletes that intent line and leaves non-controlling developers exposed to federal criminal prosecution for what other people do on open infrastructure. It adds no tool against bad actors. It just criminalizes building.