LINK, AAVE Rocket 30% as Trump’s World Liberty Financial Buys $2M Tokens The AAVE token purchases came as a proposal to float a World Liberty Financial instance on Aave met quorum.

Aave Gauges Community Interest for Expansion to Bitcoin Layer 2 Spiderchain The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.

Lens, Aave’s Decentralized Social Media Platform, Launches Major Upgrade on Polygon The open source protocol spearheaded by DeFi giant Stani Kulechov has released a bevy of new monetization features.

Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders Llama aims to make governance of blockchain protocols more effective by enabling protocols to encode roles and permissions to take on-chain actions.

Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave Curve founder Michael Egorov has deposited 68 million CRV tokens ($35 million) to settle his entire debt position on DeFi lending platform Aave, according to blockchain analytics firm Lookonchain.

Aave Token Holders Voting on 2 Proposals Following Averted Curve Liquidation Crisis The proposals, which aim to disable CRV borrowing and decrease Aave’s exposure to Curve’s native token on its Ethereum V2 markets, are responses to the liquidation pressure faced by Curved founder Michael Egorov.

Aave Should Block Curve Token Borrowing, Risk Management Firm Proposes An ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing all borrowing activity, Gauntlet argued in a Wednesday protocol.

First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red Curve Founder Michael Egorov’s $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of fine silver.

Celsius Moves $64M in LINK, MATIC, AAVE and Altcoins Following Court Permission to Sell Tokens The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.

Aave DAO to Vote on Gho Stablecoin Deployment on Ethereum GHO has been in the works for over a year and was issued on a testnet earlier this year.

Aave Holders Vote on Proposal for DeFi Protocol to Convert 1,600 Ether Into wstETH and rETH Holders of Aave, the token that underpins its namesake’s decentralized finance (DeFi) protocol, are taking part in a governance vote that will decide whether 1,600 ether (ETH) in the protocol’s treasury will be converted to wrapped staked ether (wstETH) and rocket pool ether (rETH).