It's time for Aave Weekly 2021W4 ๐
@AaveAave
Liquidity Protocol continues to grow closing at $3.6 billion driven by market growth
โก๏ธ$LINK dominates liquidity with 22.5%
โญ๏ธClosely followed by $ETH & $AAVE
100% of this fridge has been purchased with an
@AaveAave
loan ๐ป
With a Health Factor above 3, no need to worry, my position can handle market volatility ๐
First time ever I withdraw to fiat and it was so easy ๐ฅณ
It's time for Aave Weekly 2021W6 ๐ป
Extraordinary week on
@AaveAave
with 35% growth in liquidity closing at $4.9 billion
๐ $AAVE dominates with 30% of liquidity
It's time for Aave Weekly 2021W7 ๐ป
@AaveAave
liquidity closes the week over $5 billion for the first time ๐ฅ
The top assets are $LINK, $AAVE, $ETH and $WBTC
๐ป $YFI
@iearnfinance
now available on
@AaveAave
as collateral or to borrow ๐ฅ
๐๐๐งก As Antoine de Saint-Exupรฉry said โLove does not consist of gazing at each other, but in looking outward together in the same directionโ โค๏ธ๐๐
๐ฅฐ
@StaniKulechov
&
@AndreCronjeTech
understandโก๏ธ
It's time for Aave Weekly 2021W10 ๐ป
@AaveAave
closes week 10 of 2021 at $5.3 billion of liquidity ๐
$ETH has the largest liquidity ๐ฅ
Followed by $LINK, $AAVE and $WBTC
It's time for Aave Weekly 2021W20 ๐ป
@AaveAave
closes week 20 of 2021 with $20 billion of liquidity ๐
$ETH has the largest liquidity ๐
Followed by $USDC, $WBTC and $DAI
๐ป It's time for Aave Weekly 2021W5 ๐ป
@AaveAave
's Liquidity has stabilised closing at $3.6 billion grounded by overall flat prices
๐ฅ $AAVE dominates with 23.2% of liquidity
๐ฅClosely followed by $LINK & $ETH
It's time for Aave Weekly 2021W9 ๐ป
@AaveAave
closes at $4.8 billion of liquidity, consolidating with the market โ๏ธ
๐ฅ $ETH has the largest liquidity
๐Followed by $LINK, $AAVE and $WBTC
It's time for Aave Weekly 2021W19 ๐ป
@AaveAave
closes week 19 of 2021 with $17.4 billion of liquidity ๐
๐ฅ $ETH has the largest liquidity
Followed by $USDC, $WBTC & $LINK
๐ป Record week for
@AaveAave
Flash Loans with $206m of volume ๐ฅ
Flash Loans have seen consistent growth with $1.226B total โญ๏ธ
โ Users have started experimenting with V2 Flash Loans who take it to the next level with multiple assets and internal operations
It's time for Aave Weekly 2021W23 ๐ป
@AaveAave
closes week 23 of 2021 with $21.6 billion of liquidity ๐
๐ฅ $USDC has the largest liquidity
Followed by $ETH, $WBTC and $DAI
It's time for Aave Weekly 2021W13 ๐ป
@AaveAave
closes week 13 of 2021 with $5.8 billion of liquidity ๐
๐ฅ $ETH has the largest liquidity, followed by $LINK, $AAVE and $USDC
It's time for Aave Weekly 2021W18 ๐ป
@AaveAave
closes week 18 of 2021 with $14.4 billion of liquidity ๐
$ETH has the largest liquidity
Followed by $USDC, $WBTC, $LINK & $AAVE
It's time for Aave Weekly 2021W12 ๐ป
@AaveAave
closes week 12 of 2021 with $5.6 billion of liquidity ๐
๐ฅ$ETH has the largest liquidity
Followed by $LINK, $AAVE and $WBTC
It's time for Aave Weekly 2021W11 ๐ป
@AaveAave
closes week 11 of 2021 at $5.4 billion of liquidity ๐
๐ฅ$ETH has the largest liquidity
Followed by $LINK, $AAVE and $WBTC
It's time for Aave Weekly 2021W16 ๐ป
@AaveAave
closes week 16 of 2021 with $7.4 billion of liquidity ๐
๐ฅ $ETH has the largest liquidity
Followed by $LINK, $AAVE and $USDC
It's time for Aave Weekly 2021W21 ๐ป
@AaveAave
closes week 21 of 2021 with $15 billion of liquidity ๐
๐ฅ $USDC has the largest liquidity
Followed by $ETH, $WBTC and $DAI
๐ป๐ฅ๐ป
@AaveAave
Aave V2 is here ๐ฅ๐ป๐ฅ
๐๐ Hope you are ready to govern, lots of new features to discuss on โก๏ธ๐คฏ
You will save 50% on gas to redeem with optimisation on costs of all transactions ๐๐โค๏ธ๐งก๐๐
It's time for Aave Weekly 2021W14 ๐ป
@AaveAave
closes week 14 of 2021 with $6.3 billion of liquidity ๐
๐ฅ $ETH has the largest liquidity followed by $LINK, $USDC and $AAVE
It's time for Aave Weekly 2021W30 ๐ป
@AaveAave
closes week 30 of 2021 with $18.8 billion of liquidity ๐
๐ฅ $USDC has the largest liquidity
Followed by $ETH and $DAI
It's time for Aave Weekly 2021W32 ๐ป
@AaveAave
closes week 31 of 2021 with $22.3 billion of liquidity ๐
๐ฅ $USDC has the largest liquidity
Followed by $ETH and $DAI
It's time for Aave Weekly 2021W28 ๐ป
@AaveAave
closes week 28 of 2021 with $16.7 billion of liquidity ๐
๐ฅ$USDC has the largest liquidity
Followed by $ETH and $DAI
It's time for Aave Weekly 2021W17 ๐ป
@AaveAave
closes week 17 of 2021 with $7.2 billion of liquidity ๐
๐ฅ $ETH has the largest liquidity
Followed by $USDC and $LINK, $AAVE
โก๏ธ Strong start to 2021 on
@AaveAave
Money Markets which reached $3.4B of liquidity in this second week of 2021, finally closing at $3B ๐ซ
$WBTC dominates liquidity with 25.6%๐ฅ
@AaveAave
Money Markets continue to grow closing this third week of 2021 at $3.3 billion of liquidity, with 11% weekly growth ๐ฅ
$ETH dominates with 21.5% of liquidity ๐ฅฎ
Closely followed by $LINK, $WBTC & $AAVE
In 2020 DeFi has boomed from $500m to $10b
1. What is DeFi?
2. What are the risks?
3. How DeFi is building new Risk Standards from ground up
Watch the full presentation for the Actuarial Online Conference 2020
#DeFi
#RiskStandards
#Risk
#Actuary
It's time for Aave Weekly 2021W31 ๐ป
@AaveAave
closes week 31 of 2021 with $20.7 billion of liquidity ๐
๐ฅ$USDC has the largest liquidity
Followed by $ETH and $DAI
It's time for Aave Weekly 2021W7 ๐ป
@AaveAave
liquidity closes the week over $5 billion for the first time ๐ฅ
The top assets are $LINK, $AAVE, $ETH and $WBTC
@AaveAave
's money market is growing like a bamboo forest with now at $275 millions
Already $2 millions $REN
@renprotocol
after less than 24 hours
You can also earn on your
@enjin
$ENJ
Or borrow with
@synthetix_io
$SNX
๐จโ๐ณNew features and listings on the menu this week๐ฉโ๐ณ
๐ $ENJ and $REN now supported in the Aave Market
@enjin
@renprotocol
๐ $SNX collateral enabled
๐ $LEND listed on
@loopringorg
๐Fiat to Yield onramp for all tokens in Aave by
@transak_finance
Excited to see real world assets coming to DeFi bringing diversification benefits and stability. At the moment USD is the only real world asset on
@AaveAave
Well
@PaxosGlobal
posted an ARC to bring GOLD ๐ช
What do you think?
๐ป The
@AaveAave
@nansen_ai
Dashboard is live on โก๏ธ
It provides some insights on how Aave is used and by who based on the:
1. Token Distribution
2. Safety Module
3. Governance
4. Risk
Just hover your mouse on the charts for detailed figures
It's time for Aave Weekly 2021W22 ๐ป
@AaveAave
closes week 22 of 2021 with $21.5 billion of liquidity ๐
๐ฅ $USDC has the largest liquidity
Followed by $ETH, $WBTC and $DAI
Getting inspired by all the innovators at
@SlushHQ
๐ง
The
@AaveAave
fam is at the booth ๐ป
Come say hi, & learn about the possibilities of web3 and decentralisation ๐
Delighted to join the big brains at
@MangroveDAO
to reshape EVM's liquidity infrastructure ๐ธ
Hit me up to brainstorm liquidity engineering solutions for your project ๐
You can even find me IRL if you are in Istanbul ๐งฟ_๐งฟ
Exciting news at Mangrove! ๐ณ
We're delighted to announce that
@A_BertoG
has joined the Mangrove team as our Strategy Lead.
She brings a wealth of experience from the
@Aave
genesis team, having led a risk unit focusing on Risk, Quantitative Research, and Data Science and
Dive deep into the new
@AaveAave
V3 UI ๐ป with
@sakulstra
๐
Great to gain more understanding on the evolution to IPFS, easy new token listing and how to optimise performance โก๏ธ
โฐ Our DEX event is TODAY so don't forget to registerโฐ We'll welcome
@AaveAave
@goodwinlaw
& MLL to discuss whether all DEXs are made equal and what regulatory consequences different levels of decentralization have.
Get your ๐ซ:
@AaveAave
has one if not the highest economic safety score thanks to the risk model that calibrates risk parameters and interest rate model per assets based on
+ smart contract risk
+ counterparty risk
+ market risk
+ liquidity risk
More details on
1/ Introducing the DeFi Pulse Economic Safety Grade
Created in partnership with the fine folks at
@gauntletnetwork
, economic safety grades allow users to more easily quantify and compare the risks they face using on-chain protocols.
Today marks a historic moment for the Aave Protocol: we have officially handed over the protocol admin keys to the governance, an important step towards decentralisation!
Read more about the Admin Key Handover and what this means for the protocol:
It's time for Aave Weekly 2021W24 ๐ป
@AaveAave
closes week 24 of 2021 with $20.9 billion of liquidity ๐
๐ฅ $USDC has the largest liquidity
Followed by $ETH, $WBTC and $DAI
The Aave Protocol generated $23.2m this week
๐ฅฅ $9.2m of interests
๐ $497k from Flash Loan fees
๐ $78k from liquidations
๐ $7m & $ 5.4m from Aave V2 and Polygon distributions
๐ With an additional $1m collected for the ecosystem
๐ That's $1.2 billion annualised ๐
The
@AaveAave
Protocol is getting ready for The Merge
Share you thoughts on the forum:
๐ ARC: Aave DAO Stance on Ethereum POW Fork
๐ [ARC] Aave ETHPoW Fork Risk Mitigation Plan
๐ป
Check out
@AaveAave
market size growth on
@DefiLlama
๐ป๐๐ฆ
It's not just TVL, you can include borrows and stkAAVE with the toggle โ
@0xngmi
is the first to successfully pull this data from 3 blockchains and display it live! ๐ค
Wagmi fren ๐ค
Want to earn interest with
@AaveAave
in a tap - with free gas? Aave's offer to Argent users expires tomorrow so now's your chance.
Get started:
(From tomorrow you'll still be able to use Aave in a tap in Argent, but you'll cover the gas)
๐ซ A complex Aave Improvement Proposal made easy by
@ZeMariaMacedo
๐
This AIP structures Aave Markets in aDAOs to scale fast in a decentralised manner ๐
- Allows fast innovation by segregating new markets' risks โก๏ธ
- Downside is less diversification of the risks ๐ฉ๏ธ
By public demand, we've produced a video walkthrough of our
@AaveAave
proposal: . Listen to the first 12 minutes if you want the TLDR summary
We hope this format makes it more digestible and allows more people to engage with the content! Feedback welcome
@AaveAave
generated $2.1m of income this week, stable from last week:
๐ด $1.1m of interests
๐ต $903k from liquidations
๐ฒ $70k from Flash Loan fees
๐ฑ Including $54k collected for the ecosystem
โ That's $108 million of annualised income
@StaniKulechov
will be talking about the Power of Credit Delegation at
@EthCC
Many members of the
@AaveAave
Genesis Team will be there
You'll find me at the booth in the morning and checking out the conference in the afternoon - come say hi and let's talk risk
Time to check the Health Factor of you
@AaveAave
loans ๐ป
The market could go anywhere, make sure you manage your risks and have some margin for further drops in price ๐งจ
Keep your Health Factor high and enjoy the week end ๐
The market is still shaky, please be careful ๐ฅ
Check your loans โ
Make sure they are healthy with a HF with a cushion for market volatility while gas is not in 4 digits ๐ฑ
A HF=2 can withstand 50% drop in collateral value vs borrowed value, the higher the more resilient ๐๏ธ
With AIP-7
@AaveAave
staking APY went from 4.8% to 6.4%
$AAVE staked since day 1 now entitles to .75% of the staked value in claimable $AAVE
Just stake it
AIP-7 has been voted on and executed:
๐ซStake slashing has been activated
๐ซSafety Incentives have been increased to 550 $AAVE/day
More details๐
@AaveAave
's growth is impressive
๐Nearly 70k users have tried V1 or V2 main markets
๐13.5% tried for the first time in the last month
๐Over 1M transactions for a total volume of $185B
Doesn't even include the
@0xPolygon
Market who's got 79k users ๐คฏ
State of the protocol ๐ฐ
@OmniAnalytics
maintains a detailed Dune Dashboard that includes usage metrics, volume, economics, segment behavior, and staking info
They also have a dashboard for Polygon and more coming soon ๐
๐ It's
@KyberNetwork
season on the
@AaveAave
fields ๐พ
โก๏ธ Deposit your KNC tokens on Aave to take advantage of the current 54% APY ๐ค
๐ฅ This is a reward for providing liquidity when the protocol needs it the most ๐
#DeFi
#YieldFarming
#KNC
Just minted my first NFT ๐จ
It's all free on Open Sea ๐
Made my own punk, part of the nonconformist
@UnofficialPunks
gang ๐งโ๐ค
Who knew Excel was perfect for pixel art? ๐ค
Show me your
#UnofficialPunks
๐
The market is shaky ๐จ
Now is the time to check you
@AaveAave
Health Factor โ
If your HF is getting close to 1, you have a few options to make it healthier
๐กrepay your debt,
๐กadd some collaterals
๐กswap your collateral
๐กrepay some of your debt with collateral
@DefiLlama
is where the alpha is ๐ช
These liquidation levels are extremely informative for risk quantification and management ๐
Would love to also have historical liquidations by protocol and asset with a 24h/7D/30D view ๐ฅน
Excited to share with you what I've been working on at
@DefiLlama
in the past weeks - the DeFi Liquidation Levels dashboard!
๐ฆ๐ฆ๐ฆย ๐ย
a thread ๐งต
gm
Better safe than sorry: always keep your seed phrase offline; not on the cloud โ ๏ธ
Just received my
@black_seed_ink
, its so easy, just write your seed phrase ๐ฑ
Even beats
@lopp
โs stress tests with a perfect A๐จโ๐ฌ
Thankful for these past incredible years building the future of France ๐ซ๐ท
Itโs been such a ride being part of the
@AaveAave
Fam & itโs just starting: shipping season is gonna be epicโก๏ธ
Weโll be in motherland for
@SlushHQ
next week ๐ง
Lets chat web 3 & boogie at
@letsraave
๐ฅถ
It's time for Aave Weekly 2021W33 ๐ป
@AaveAave
closes week 33 of 2021 with $24 billion of liquidity ๐
๐ฅ $ETH has the largest liquidity
Followed by $USDC and $DAI
Market is consolidating ๐จ
Good time to check your
@AaveAave
loans Health Factor โ
If your HF is getting close to 1, you have a few options to make it healthier
๐กrepay your debt,
๐กadd some collaterals
๐กswap your collateral
๐กrepay some of your debt with collateral
Surreal week in Paris for
@EthCC
๐ผ
So good to see you all IRL
@AaveAave
Fam,
@metagammadelta
& frens ๐จโ๐จโ๐งโ๐ง๐ฉโ๐ฉโ๐งโ๐ง
One thing is for sure, the ETH community is BUiDLiNG big time ๐จโ๐ญ
The best has yet to come ๐
Many people ask me if
@AaveAave
is hiring ๐ป
Yes, the protocol needs youโก๏ธ
Below
@AaveGrants
high priority list + there is budget for great ideas ๐ก
For more info, see you at the Aave Grants Community call May 27, 5pm BST, 12pm EST, 9:30pm IST โจ
Did I hear you are looking for some $GHO ?
Too late anon, cant mint it no more โณ
You gonna have to buy it ๐
Anon you lucky ๐๐๐
$GHO is on sale $0.96 for a limited time only ๐ช๐ค
Due to high demand, GHO just reached its minting cap.
Now the only way to get obtain gho is on secondary markets.
The GLC will focus on bringing back GHO to 1$, restructuring strong liquidity close to peg before asking governance to increase minting cap.
See u at 1$ โ๏ธ
Gas savings in Aave V3 are epic. 20-30% less gas across the board. V3 in this screenshot has liquidity incentives activated (which increase gas costs) while V2 hasnt.
left screenshot V3, right screenshot V2
The 19th of May felt like a
@gauntletnetwork
simulation โก๏ธ
DeFi held strong ๐ป
$170m were liquidated on
@AaveAave
dets below โฌ๏ธ
How did you manage your risks? What tools saved you? Do you have a strategy for next time? โ๏ธ๐ก
DeFi has been stress tested in recent weeks by volatility and liquidity concerns greater than Black Thursday. Since then,
@compoundfinance
and
@AaveAave
have grown over 100x. How did they fare?
3 years ago today, a part of DeFi history was written with the first smart contract based loan on Ethereum! We've definitely come a long way since then with a much-sleeker UI/UX.
Witness DeFi history :
$LEND $ETH
#BuiltOnEthereum
#DeFi
Meanwhile the 3 month average USDC APY is 5.8% on
@AaveAave
V2
Lots of crunchy metrics available on the Aave Liquidity API with live, all time and average performance data, as well as model parameters and contracts
๐คฉ4.0% APY on USDC!๐คฉ
USD Coin is a safe and secure stablecoin that's backed by the US dollar. Soon, eligible users will be able to earn 4.0% APY on their USDC, which is pretty great if we say so ourselves.
Pre-enroll now โ
๐ฅThis $1.8m income results from extreme utilisation of some reserves driven by the
@mithcash
farm๐
๐$1.712m of interests; 21% from V2
๐$71k from Flash Loan fees
๐ช$22k from liquidations
โ That's $94.1m of annualised income โก๏ธ
The Aavengers get their super powers from
#Diversity
๐ป๐ฆธโโ๏ธ๐คธ
I'm always learning all types of skills from everyone in the
@AaveAave
team ๐ค
We are from 11 countries and have 30%+ women
How diverse are you?
Could be worth exploring blockchain diversity stats
@metagammadelta