Aave


Consensus Magazine

Stani Kulechov Defied Crypto Winter

With upgrades to the Aave lending/borrowing protocol and Lens, an open-source social media protocol, the Estonian native kept BUIDLing in a down-market.

Stani Kulechov (Mason Webb/CoinDesk)

Finance

Aave's GHO Stablecoin Nears Elusive Dollar Peg

A "benevolent temporary dictator" is helping the not-so-stablecoin get on track.

The Aave ghost (Aave)

Tech

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.

Stani Kulechov, founder and CEO of Aave, speaks at Consensus 2019.

Videos

Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave

Curve founder Michael Egorov has deposited 68 million CRV tokens worth $35 million to settle his entire debt position on DeFi lending platform Aave, according to blockchain analytics firm Lookonchain. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Finance

Curve Founder Michael Egorov Deposits $35M CRV to Settle Debt on Aave

Egorov now has $132 million worth of collateral and $42 million in debt across all other DeFi lenders.

CRV token bounces 3% (CoinDesk data)

CoinDesk Indices

DeFi and Credit Risk

This potentially disruptive sector must set aside some of its lofty ideals, for now, and focus on financial solutions with demonstrable global demand and adoption.

(Alina Grubnyak/Unsplash)

Tech

Curve Crisis Shows Pitfalls of Decentralized Risk Management

Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk.

Stani Kulechov, Lens founder, at Consensus 2019 (CoinDesk archive)

Finance

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.

(Arnaud Jaegers/Unsplash)

Finance

Curve Founder Raises $42.4M to Pay Off $80M On-Chain Debt

Michael Egorov is under liquidation pressure following CRV’s recent price drop and Curve exploit.

Curve founder Michael Egorov was liquidated, again. (Michael Egorov, modified by CoinDesk)

Videos

Aave Should Block Curve Token Borrowing, Risk Management Firm Argues

Risk management firm Gauntlet posted a proposal to Aave community members, suggesting the ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing borrowing activity. "The Hash" panel weighs in on the aftermath of the Curve Finance exploit that has put the entire DeFi ecosystem under stress since Sunday.

Recent Videos