“If we want this technology to go beyond our community we need to start building these bridges to enable accessibility and provide them the tools to thrive in our ecosystem” @stani.lens on the mainstage at ETHPrague.
Post by @aaveaave lens
An important AIP regarding changes to E-mode parameters is now live on Aave Governance. Please note that parameter changes may impact the health factor of certain positions.
Post by @aaveaave lens
こんにちは @ethglobal.lens Tokyo! 🇯🇵
@aavegrants.lens will have 3 main prizes for GHO and Aave with $10k up for grabs!
🥇 1st $5k
🥈 2nd $3k
🥉 3rd $2k
For those taking part in the hackathon here are some ideas to get those creative chops going! 👻
@gho.lens is designed for internet people.
With that in mind, we'd love to see you build utility around the future of payments on the web.
- You could create an app or plugin to pay with GHO anywhere.
- Imagine using GHO to buy your favorite beverage.
- Create a convenient payment platform with GHO where you can enjoy fast and secure transfers with just a few clicks. Say goodbye to time-consuming payments!
- Build a tool that uses Account Abstraction with GHO to allow users to pay gas fees with GHO, and has rebates. E.g., if the gas used is more than GHO paid, users can claim a rebate or pay it forward.
- Construct new DeFi yield strategies and opportunities for GHO and the entire DeFi community.
- Create a chargeback (direct debit) network for GHO where any user can charge an account with a set amount of GHO. GHO would then be transferred immediately but not unlocked until a set period of time passes. During this time, anyone can dispute the function if they have a balance
This is our first hackathon for GHO and we can't wait to see what you build this week.
Dive into the dev docs for GHO here: https://docs.gho.xyz/developer-docs/overview
We also want to see what devs can do with the power of Aave V3, our most significant upgrade of the Aave Protocol.
- You could build an Aave Forex tool where you can short assets. Enhance the ability of users to access forex liquidity by using one or all of eMode, flash loans, and other DeFi integrations such as @curvefinance.lens.
- Create a ChatGPT-powered risk manager for Aave utilizing OpenAI plugins to create an innovative experience for DeFi users with this leading-edge technology.
- Create a new debt swap feature. Right now you can swap your collateral from one asset to another but imagine if you built a feature for swapping debt from one asset to another.
- Utilize ZK proofs for critical vulnerabilities while not disclosing the vulnerability, i.e. prove there’s a vulnerability to the DAO so they can vote on it informed but not actually say what the vulnerability is.
- Imagine a Health Factor simulator UI component that displays a price slider per each collateral and borrowed asset, so you can simulate prices and see how your Health Factor changes under those conditions. Allowing you to take informed decisions to mitigate liquidation risks.
Dive into Aave V3 Dev docs here: https://docs.aave.com/developers/getting-started/readme
Make sure to catch @jessglover.lens and @miguelmtz.lens on April 14th at 7 PM JST in the Toranomon Hills Forum, 5th Floor | Workshop Room 1, for a GHO Hackathon Workshop.
These are just a few ideas to get you started on your hackathon project.
Reach out to @nader.lens and @jessglover.lens for any questions on the ground in Tokyo.
Post by @aaveaave lens
Come meet the Aave Fam Eth Denver📍 Daotown and show us what you are building 👻
Post by @aaveaave lens
DeFi continues to accelerate in LatAm 💪 Lemon Integrates Aave Protocol, bringing access to over 1.7M Users in Brazil and Argentina 🍋 + 👻 = ⚡️
By integrating Aave’s smart💡contracts, Lemon will be able to provide greater 👻 Transparency and 🔐 Security to its growing user base!
The Aave integration allows users to deposit their tokens into the protocol and earn seamlessly 👌 while enabling users to control their funds, and safely access DeFi solutions.
"We're excited 👻 that Aave was chosen as the first DeFi protocol to be integrated with Lemon. This integration unlocks opportunities that were previously not available to millions of users in LatAm . We look forward to growing DeFi access globally with partners 🤝 like Lemon.” @stani.lens .
Learn more: https://wiki.lemon.me/aave-aave-que-es-y-como-comprarla-en-lemon-cash/
Post by @aaveaave lens
Aave family wishes all you friendly GHOsts 👻 out there a wonderful holiday season!
You can now add this festive Aave ghost to your art collection ✨
"We build web3, meaning we’re building access. With the Aave Protocol, it’s access to finance, global markets, efficient transactions, and transparency. With @LensProtocol, we’re building access to user ownership to their social capital & social media." @stani.lens
"We build web3, meaning we’re building access
If you are in Helsinki 🇫🇮 at Slush 2022 come by our booth opposite the builder's studio to meet the team 🤝
🤔 Ask any questions
💡 Share ideas
👻 Look out for exclusive SWAG
If you are in Helsinki 🇫🇮 at
We want to address the cycle of liquidations that occurred in the CRV pool on the Aave Protocol today. The liquidations were successful (and worked as designed), but unfortunately, the size of the position left some excess debt within the protocol.
A large CRV borrow that had been building up for the last week was mostly cleared by the protocol liquidation process. However, the position was not covered entirely and 2.64M CRV (≈ $1.6M at current value) remains. This represents less than 0.1% of the borrows on the protocol.
The Aave ecosystem was built with a number of mechanisms that the Aave community can deploy to cover events like this, including the Safety Module, the Ecosystem Reserve & the DAO Treasury.
In the coming days, we believe the Aave community and its contributors will initiate a discussion in response to this incident.
Community contributor @monetsupply.lens additionally opened a discussion on the governance forum on reviewing long-term asset risk on Aave V2 market
Most importantly, today’s events are in contrast to those we have seen with centralized entities in the space – the transactions were entirely traceable and auditable on-chain, providing transparency for users and the community.
We want to address the cycle of
J.P. Morgan has executed its first live trade (with real Balance sheet funds!) in DeFi using a modified version of the Aave protocol on Polygon mainnet, as part of the The Monetary Authority of Singapore’s (MAS) Project Guardian.
MAS launched this collaborative initiative with the financial services industry to explore the economic potential and value-adding use cases of asset tokenization and DeFi.
One of the main objectives of the project was to develop use cases for institutional-grade DeFi protocols to study the introduction of regulatory safeguards and controls to mitigate against market manipulation and operational risk.
The Aave protocol was utilized within a use case involving the supply and borrow of tokenized foreign exchange transactions, using SGD tokenized deposits (The 1st issuance of tokenized deposits by a bank!) issued by J.P. Morgan and JPY tokenized assets issued by SBI Digital Asset Holdings.
The world’s largest bank transacting on a public blockchain using Aave smart contracts is a huge milestone for DeFi, and represents a massive step towards bringing the trillions of dollars of traditional financial assets into DeFi, to fully realize the opportunities afforded by smart contract based, decentralized applications.
Read more here👇
J P Morgan has executed its first live
An AAVE fam 👻 Halloween 🎃 treat for you to collect exclusive artwork on Lens.
Drop your ghostly Halloween costume pictures here 😱
Wishing you a fun-filled Halloween with magical surprises!
An AAVE fam 👻 Halloween 🎃 treat
gm Aave fam 👻 the snapshot for the Aave DAO to support PoS ETH upon The Merge is now live. Vote here 🗳️ https://snapshot.org/#/aave.eth/proposal/bafkreiddji5eiuwpaxg3ntmrici7m3w23iunjnwpylobzkinogpt4elm5e
gm Aave fam 👻 the snapshot for
Congrats to our amazing GC Rebecca Rettig for being selected as one of Citywealth's Top 20 USA Crypto #powerwomen 2022 🥳 https://www.citywealthmag.com/news/top-20-citywealth-usa-crypto-powerwomen-2022#.Yw967efh9WY.linkedin
Congrats to our amazing GC Rebecca Rettig
The community has given the green light 🟢 for the retroactive funding and development of Aave Protocol V3. Thanks to our amazing community for your support
The community has given the green light
What does the ETH Merge mean for users of the Aave Protocol 🤔? Absolutely nothing, your funds will remain safe during the merge and no actions are required.
Now sit back and watch history unfold. 👻
What does the ETH Merge mean for
We can feel the ⚡️ energy from the AAVE community on the ground in Bogotá 📍 🇨🇴, if you are working on any AAVE projects, drop links below to share with the community
🧠 + 🤝 =💡
Later this week we plan to pause from all the building 🛠 and dance the night away to an out of this 🌎 @letsraave.lens 👻 ✨
Collect this exclusive 🇨🇴 ghost below 👇
We can feel the ⚡️ energy from
Join @0xstvn.lens at 11.00am COT in 🇨🇴 Devcon Bogotá to discuss AAVE and an overview of the GHO proposal and implementation 👻 https://app.devcon.org/schedule/8yztrz
Join @0xstvn lens at 11 00am COT in 🇨🇴
The Aave Companies have provided an update on the development of GHO. This includes the GHO technical paper and details on the first GHO audit. Read more here 👇https://governance.aave.com/t/gho-development-update/10267
The Aave Companies have provided an update
Join @stani.lens at 11.50 am BST on a panel moderated by Michael Ippolito to discuss Next Gen Financial Primitives. Watch on the live 🎥 link here 👇 https://www.youtube.com/watch?v=Zr4yZ7b9iVs
Join @stani lens at 11 50 am BST on