Aave DAO
-
cryptoAave Recovers 80% of Funds for Kelp DAO Exploit Debt
Aave has successfully raised $160 million towards covering the $200 million bad debt from the Kelp DAO exploit, with major contributions from Mantle and Aave DAO.
-
cryptoAave DAO Commits 25,000 ETH to Cover Kelp DAO Shortfall
Aave DAO proposes a significant ETH treasury contribution to address the Kelp DAO rsETH backing deficit following a bridge incident, bolstering a wider DeFi recovery effort.
-
cryptoMantle Offers 30,000 ETH to Aave DAO to Address Bad Debt
Mantle proposes a 30,000 ETH credit facility to Aave DAO, aiming to cover losses from the rsETH exploit and generate yield.
-
cryptoAave DAO Approves $25M Stablecoin Grant for Ecosystem Growth Amidst Governance Tensions
Aave DAO allocates $25 million in stablecoins and $6.8 million in AAVE tokens to Aave Labs for ecosystem development, while facing delegate dissent and a major exit.
-
cryptoAave DAO Approves $25 Million Funding for Aave Labs, Boosting Protocol Growth
Aave DAO has greenlit a $25 million stablecoin grant and AAVE token allocation for Aave Labs, aiming to accelerate DeFi protocol development and expansion.
-
cryptoAave Token Plummets as Key Risk Firm Exits
AAVE token hits a near two-year low following Chaos Labs' departure as a risk manager, raising concerns about Aave DAO's stability amidst ongoing ecosystem shifts.
-
cryptoInflation, Fed Rates, and Crypto Market Moves
Key economic data and crypto events shaping market sentiment this week.