Monthly #cryptolending update: Despite the recent collapse of several major banks in the US, the crypto market capitalization has seen a significant increase of over 9.75%. Interest rates remain stable across the different platforms #LearnAndEarn (1/6) ๐งต
Quick review on how the native tokens of the lending platforms performed since the last update (03/01 - 03/31/23):
$DFI: -5.3% ($0.57 to $0.54)
$Nexo: +4.3% ($0.69 to $0.72)
$CRO: -12.7% ($0.079 to $0.069)
$AAVE: -4.9% ($77.76to $73.92)
(6/6)
Monthly #cryptolending update: Despite the recent collapse of several major banks in the US, the crypto market capitalization has seen a significant increase of over 9.75%. Interest rates remain stable across the different platforms #LearnAndEarn (1/6) ๐งต
@AaveAave The Aave DAO froze several stablecoins on Aave v3 Avalanche to prevent new positions from adding risk to the protocol amid volatility in stablecoins. The DAO will continue to conduct analysis and stress testing across all Aave deployments (5/6)
Quick review on how the native tokens of the lending platforms performed since the last update (02/01 - 02/28/23):
$DFI: -6.6% ($0.61 to $0.57)
$Nexo: -15.9% ($0.82 to $0.69)
$CRO: 0% ($0.079 to $0.079)
$AAVE: -6.2% ($82.92 to $77.76)
(7/7)
Monthly #cryptolending update: The crypto market continued its recent recovery. Interest rates remain stable across the different platforms. Only @cryptocom lowered rates for some coins. #LearnAndEarn (1/7) ๐งต
@AaveAave has deployed its native stablecoin $GHO on $ETH Goerli testnet. Those who are interested in using GHO, can review the coin's codebase and test its functionality prior to its official release on $ETH. (6/7)
Quick review on how the native tokens of the lending platforms performed since the last update (01/01 - 01/31/23):
$DFI: 27% ($0.48 to $0.61)
$Nexo: 26% ($0.65 to $0.82)
$CRO: 41% ($0.056 to $0.079)
$AAVE: 59% ($52.07 to $82.92)
(7/7)
Monthly #cryptolending update: Is the bottom in for the crypto market or are the bears still in control? Only time will tell but the majority of crypto assets recently started their recovery. #LearnAndEarn (1/7) ๐งต
The @AaveAave Protocol's V3 has launched on the ETH mainnet, marking the biggest upgrade yet and brings significant improvements to Aave. Additionally, Lemon App has integrated Aave, expanding its reach to over 1.7M users in Brazil and Argentina. (6/7)