Latest Aave news
MakerDAO Votes to Disable Aave DAI Supply, Reducing Celsius Exposure
In an effort to reduce exposure to Celsius, MakerDAO has disabled DAI loans using stETH as collateral through the Direct Deposit Module.
RT nachomazzara: @lililashka @decentraland @AaveAave @BalancerLabs @graphprotocol Decentraland deployed its first smart contract in 2017 Data: [etherscan.io]
RT nachomazzara: @lililashka @decentraland @AaveAave @BalancerLabs @graphprotocol Decentraland deployed its first smart contract in 2017 Data: https://etherscan.io/tx/0xc276acd60857b70bc986f6ccf0d2b968411b4194f02c34050f708e536d9369e9Decentraland•
MakerDAO Votes to Freeze Aave’s Direct Borrowing of DAI MakerDAO Errs on Side of Caution as Credit Risks Mount
MakerDAO Errs on Side of Caution as Credit Risks MountThe Defiant•
NFTPort raises $26 million from Taavet+Sten and others
NFTPort, a crypto startup that provides NFT infrastructure for developers, has raised $26 million in a Series A funding round. The post NFTPort raises $26 million from Taavet+Sten and others appeared first on The Block.
New Open-Source Twitter Competitor In Town: Interview With Aave's David Silverman On Lens Protocol For Decentralized Social Media
The recent $40 million dollar bid for Twitter Inc. (NYSE: TWTR) from Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk highlighted the need for an open-source social media protocol for some. Transparency is one of the fundamental principles of public blockchains and something that many early backers of Bitcoin (CRYPTO: BTC) have been attempting to bring to the internet-scale for more than a decade. The advent of Ethereum (CRYPTO: ETH) and smart contract blockchains has provided a platform for decentralized social media protocols. Benzinga talked to David Silverman, an Aave employee and Lens project manager, on launch day at Permissionless. “Lens is a decentralized web3 social graph and a lot of people think we're adding blockchains and, you know, apps for no reason," Silverman told Benzinga. "I think that social is unique case where it makes sense to add a blockchain currently." "Today, the closest thing I would point to as an analog to lens is weirdly Facebook, right? You have Facebook, Instagram and WhatsApp and those are three applications reading from the same common database, right? When I'm connected to WhatsApp, it still knows about all my data." "It's just choosing what experience to load for me and lens is designed to be this kind of way to define how social data lives, relates, and is interacted with on chain and accessed on chain. And so the idea is, is this common backend database that any new web3 social application can pull from,” Silverman added. While the Aave team decided to build its multi-billion-dollar-TVL staking protocol on Ethereum for the advanced decentralization, they looked elsewhere for Lens. Lens is a protocol made entirely of Polygon-based (CRYPTO: MATIC) smart contracts. At least, for now. There is no default app, feed, or ad revenue potential for the protocol governors to be distracted by. Any developer can integrate the Lens feed on their website, similar to Twitter’s API, but more of a public good. Twitter, Instagram, Facebook and TikTok are all capable of integrating the Lens feed directly into their own platforms. If this were to paly out, Lens would likely be the fastest and most ideal way for creators to monetize their content across all platforms simultaneously. Silverman explains, “you don't even need to know solidity. If you're a website developer, we have a graphical API. It looks and feels exactly like Twitter's API or Instagram's API, except gives you full access to the social graph. We abstract away all the hard parts of a web3 like typed data for signatures. No one knows what that is. We can make it easier because we want to make sure that all developers can access it. You don't have to take a two year solidity boot camp.” All wallet addresses that signed Lens’ digital roots pledge last year were able to claim a Lens username, which is an NFT. Similar to profiles, all posts on the Lens protocol are also represented on chain by NFTs. The protocol is currently free to use. “Obviously, someone has to pay for it to go on chain," Silverman said. "We think that apps are going to monetize in the front end level. But to be a real user experience... no user wants to pay gas.” The Aave/Lens team currently covers the marginal gas fee incurred by each use of the Polygon network. This can’t last forever and the Polygon sidechain that the app lives on is not intended to be a long-term solution. First, Ethereum needs to scale. This means that the team may have methods of censoring the protocol for the time being. In contrast to Twitter, however, a decentralized application on a decentralized protocol has the potential to eventually become entirely permissionless. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
Aave Ends Rewards In Latest Blow To Yield Farmers
Aave has stopped offering incentives to Ethereum v2 users in its native token, AAVE. At a total value-locked (TVL) of $8.57B, Aave is the third-largest DeFi protocol and the largest decentralized money market. Aave had incentivized adoption on its v2 deployment since April 2021 by offering AAVE tokens to those that borrowed or supplied crypto. … Aave Ends Rewards In Latest Blow To Yield Farmers Read More »The Defiant•
This article discusses the current AAVE price and the AAVE price predictions provided by reliable sources. Can AAVE reach a new all-time high in the future? What does the AAVE coin technical analysis indicate? Why is it important? What will the AAVE price look like in 2021-2025? Is the AAVE coin a good investment right now? Let’s dive in and decide for ourselves.
Aave Real-Time Status
AAVE current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget
Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.
Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.
Catch up with the latest crypto data by using the widget below.
Aave Technical Analysis
Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.
You can check the AAVE price through CoinJoy's crypto portfolio tracker. Choose AAVE from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.
The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.
How To Buy Aave
You can choose one or a few ways to purchase AAVE. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support AAVE tokens and allow you to store them. Locate the AAVE address starting from 0x. Sign up with AAVE and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.
Purchase as many AAVE coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.
There are various other exchange services that may support AAVE. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.
Aave Price Prediction 2022
We have gathered the latest Aave price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Trading Beasts has set the following targets for Aave in 2022: an average of $74.239, a maximum of $92.799, and a minimum of $63.103. Based on the provided data, purchasing Aave might be a good long-term investment.
PricePrediction.net has come out with a positive price prediction for Aave: an average of $95.47, and a minimum of $91.67 is what holders could be anticipating in 2022.
Wallet Investor is prominent that Aave prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $8.387, with a potential maximum of $2.796, and a minimum of $5.591.
Aave Price Prediction 2023
Similarly, Trading Beasts indicates an average of $97.056, a maximum of $121.32, and a minimum of $82.498 for Aave.
Based on the information provided by key indicators, PricePrediction.net believes that Aave prices could grow next year. The website forecasts the following prices for Aave: an average of $137.38, a maximum of $162.56, and a minimum of $132.61.
According to Wallet Investor, Aave prices are estimated to show negative downtrend signs in 2023, reaching an average of $8.058, with an expected maximum of $2.686, and a minimum of $5.372.
Aave Price Prediction 2024
Trading Beasts expects a continuous positive trend for Aave throughout 2024. The prices are likely to range between a maximum of $156.436 and a minimum of $106.376, with the average price reaching $125.149.
PricePrediction.net has set an average of $195.78, a maximum of $235.04 and a minimum of $188.91 for Aave in two years, therefore predicting value growth for the token.
As for 2024, Wallet Investor is bearish on Aave. Investors should watch out for a potential average of $3.756. The website also indicates a maximum of $1.252 and a minimum of $2.504 in two years.
Aave Price Prediction 2025
Trading Beasts is also indicating an increase in Aave prices, starting from the minimum of $125.801 and reaching as much as $185.002. The expected average price is $148.001.
Furthermore, PricePrediction.net is seemingly enthusiastic about Aave prices in 2024. The website forecasts that the price may go up to as much as $336.06. The expected average price is set at the $290.02 level, whereas the expected minimum price is $282.19.
In 2025 Wallet Investor views Aave negatively. According to the website algorithm, the expected average price is $2.485, with potential maximum and minimum prices reaching $1.656 and $0.828 respectively.
Aave Price Prediction 2030
Trading Beasts predicts that the bullish trend will remain strong for Aave in 2030. Investors could be expecting an average of $216.081. The maximum and minimum prices might hit $226.886 and $205.277 respectively.
Last but not least, based on the sentiment from PricePrediction.net, Aave prices will continue to grow in the long run, with the average price reaching the $2109.23 level. The expected maximum price is $2410.06 and the potential minimum is $2051.72.
According to the long-term forecast from Wallet Investor, Aave has bad investment potential. The prices could reach $0.323 on average, whereas the maximum price could go up to as much as $0.352, and the minimum price could hit the $0.294 point.
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
Is Aave a good investment?
According to the experts' forecasts, Aave will be a good investment.
Does Aave Have Potential?
The AAVE is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since Aave forecast is positive, It has potential.
How much will Aave be worth in 2022?
In 2022 the price of AAVE is expected to reach $108.04, based on the forecasting from various sources.
How much will Aave be worth in 2023?
In 2023 the price of AAVE is expected to reach $162.56, based on the forecasting from various sources.
How much will Aave be worth in 2024?
In 2024 the price of AAVE is expected to reach $235.04, based on the forecasting from various sources.
How much will Aave be worth in 2025?
In 2025 the price of AAVE is expected to reach $336.06, based on the forecasting from various sources.
How much will Aave be worth in 2030?
In 2030 the price of AAVE is expected to reach $2410.06, based on the forecasting from various sources.