Ads ad-300x250
  • Latest
  • Trending
Aave launches the third version of its DeFi protocol – What’s new ?

Aave launches the third version of its DeFi protocol – What’s new ?

March 20, 2022
How do Web3 and NFTs enrich the live music experience?

How do Web3 and NFTs enrich the live music experience?

January 23, 2023
Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

January 23, 2023
SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

December 30, 2022
The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

December 22, 2022
What is flipping in crypto?

What is flipping in crypto?

December 18, 2022
BlackRock predicts an unprecedented recession in 2023

BlackRock predicts an unprecedented recession in 2023

December 10, 2022
Waltio outlines strategy to reduce its taxation on cryptocurrencies

Waltio outlines strategy to reduce its taxation on cryptocurrencies

December 1, 2022
BlockFi files for bankruptcy after FTX collapse

BlockFi files for bankruptcy after FTX collapse

November 29, 2022
Solana’s Phantom wallet opens to Ethereum and Polygon

Solana’s Phantom wallet opens to Ethereum and Polygon

November 29, 2022
Vladimir Putin predicts a blockchain-based international payment system

Vladimir Putin predicts a blockchain-based international payment system

November 28, 2022
The Shiba Inu (SHIB) soon at the World Economic Forum?

The Shiba Inu (SHIB) soon at the World Economic Forum?

November 26, 2022
Cloud mining fraud: founders of $575 million scam arrested

Cloud mining fraud: founders of $575 million scam arrested

November 23, 2022
CoinsMag
SignIn / SignUp
  • HOME
  • NEWS
    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

    BlockFi files for bankruptcy after FTX collapse

    BlockFi files for bankruptcy after FTX collapse

    Solana’s Phantom wallet opens to Ethereum and Polygon

    Solana’s Phantom wallet opens to Ethereum and Polygon

    Vladimir Putin predicts a blockchain-based international payment system

    Vladimir Putin predicts a blockchain-based international payment system

  • BLOCKCHAINS
    • All
    • Algorand
    • Avalanche
    • Bitcoin
    • BNB Chain
    • Cardano
    • Cosmos
    • Dogecoin
    • Elrond
    • Ethereum
    • Monero
    • Polkadot
    • Polygon
    • Ripple
    • Shiba Inu
    • Solana
    • Stellar
    • Ternoa
    • Terra
    • Tezos
    • Tron
    How do Web3 and NFTs enrich the live music experience?

    How do Web3 and NFTs enrich the live music experience?

    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    What is flipping in crypto?

    What is flipping in crypto?

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

  • DEFI
    Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

    Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

    BlackRock predicts an unprecedented recession in 2023

    BlackRock predicts an unprecedented recession in 2023

    Free crypto / referral codes

    This (other) billionaire, who prefers Dogecoin to Bitcoin

    This (other) billionaire, who prefers Dogecoin to Bitcoin

    Google and the king of crypto oracles Chainlink (LINK) unveil their joint project

    Google and the king of crypto oracles Chainlink (LINK) unveil their joint project

    The Bitcoin (BTC) hashrate is on the rise again

    The Bitcoin (BTC) hashrate is on the rise again

    Burger King accepts Dogecoin (DOGE) in Brazil… for dog food

    Burger King accepts Dogecoin (DOGE) in Brazil… for dog food

    791 bitcoins bought for $5 9 years ago have finally come to life

    791 bitcoins bought for $5 9 years ago have finally come to life

    Binance: the rise of the BUSD impresses

    Binance: the rise of the BUSD impresses

  • NFT
    How do Web3 and NFTs enrich the live music experience?

    How do Web3 and NFTs enrich the live music experience?

    Is Apple planning to release a movie about Sam Bankman-Fried and the FTX case?

    Is Apple planning to release a movie about Sam Bankman-Fried and the FTX case?

    In the United States, a house in NFT has just been sold for $175,000

    In the United States, a house in NFT has just been sold for $175,000

    CNN is accused of rug pull by the community after its NFT project was stopped

    CNN is accused of rug pull by the community after its NFT project was stopped

    The OpenSea marketplace lands on Avalanche (AVAX)

    The OpenSea marketplace lands on Avalanche (AVAX)

    Japan sees the future in nft and metaverse

    Japan sees the future in nft and metaverse

  • GAMES
    Square Enix partners with Oasys to develop blockchain games

    Square Enix partners with Oasys to develop blockchain games

    Epic Games gets a head start on its Steam competitor

    Epic Games gets a head start on its Steam competitor

    Do you have to be a bot to enjoy web 3 (bad) games?

    Do you have to be a bot to enjoy web 3 (bad) games?

    StepN partners with Atletico and WhaleFin for a collection of exclusive NFTs

    StepN partners with Atletico and WhaleFin for a collection of exclusive NFTs

    Crypto Gaming, an industry revolution this year?

    Crypto Gaming, an industry revolution this year?

  • METAVERSE
    Solana’s Phantom wallet opens to Ethereum and Polygon

    Solana’s Phantom wallet opens to Ethereum and Polygon

    Is Apple planning to release a movie about Sam Bankman-Fried and the FTX case?

    Is Apple planning to release a movie about Sam Bankman-Fried and the FTX case?

    World Cup in Qatar: FIFA plunges into the mawkishness

    World Cup in Qatar: FIFA plunges into the mawkishness

    The United Arab Emirates: a first “meta-nation”?

    The United Arab Emirates: a first “meta-nation”?

    At Meta, employees are forced to log into the Horizon Worlds metaverse

    At Meta, employees are forced to log into the Horizon Worlds metaverse

    No, Decentraland does not have only 38 daily active users

    No, Decentraland does not have only 38 daily active users

    Japan sees the future in nft and metaverse

    Japan sees the future in nft and metaverse

    Yuga Labs unveils its new community board in charge of the project’s evolution

    Yuga Labs unveils its new community board in charge of the project’s evolution

  • FREE CRYPTOS
  • TUTORIALS
    Buy a Ledger wallet on Amazon – Is it really secure?

    Buy a Ledger wallet on Amazon – Is it really secure?

    Odysee | EARN Lbry Credits (LBC) watching videos

    Odysee | EARN Lbry Credits (LBC) watching videos

    Web 3.0: better infrastructure needed to stop centralization

    Web 3.0: better infrastructure needed to stop centralization

    Avoiding NFTs scams: how to spot scams

    Avoiding NFTs scams: how to spot scams

    Is buying real estate in the metaverse a wise investment?

    Is buying real estate in the metaverse a wise investment?

    FOMO, the crypto investor’s worst enemy – 10 Rules to fight it

    FOMO, the crypto investor’s worst enemy – 10 Rules to fight it

No Result
View All Result
CoinsMag
No Result
View All Result

Aave launches the third version of its DeFi protocol – What’s new ?

March 20, 2022
in DEFI, News
Aave launches the third version of its DeFi protocol – What’s new ?

Aave launches the third version of its decentralized finance-focused protocol (DeFi). This new update allows users to move their cryptocurrencies more easily between different blockchains with optimal security and at reduced gas costs.

Moving your assets on Aave easier

Aave has just unveiled the launch of the third version of its decentralized finance protocol (DeFi).

This one aims to bring more security and decentralization for users’ capital. With the support of its community, the Aave protocol continues to expand its reach by deploying on more and more networks including Polygon, Fantom, Avalanche, Arbitrum, Optimism, and Harmony.

Protocol users will have access to Aave V3 through countless new wallet and endpoint integrations such as Instadapp, Debank, 1Inch, Paraswap, Zapper, DeFisaver, Zerion, and many others.

The third version focuses on cross-chain flow compatibility and gas fee optimization. The idea is to make it easier to move cryptocurrencies between different blockchains.

“This new version optimizes flows between different blockchains and mitigates risks. The Aave community will continue to develop and further decentralize the ecosystem around the protocol in the future,”

said Aave founder Stani Kulechov.

Other features of Aave V3

Besides making it easier to move crypto-assets, the new version of Aave brings new features.

First of all, users will have access to a higher borrowing capacity thanks to the “E-Mode”, which aims to extract the maximum from their collateral.

In addition, assets classified as “isolated” by Aave’s governance will be able to be used under a specific debt limit. This function is intended to limit the risks and exposure associated with its newly listed assets.

On the other hand, gas fees are optimized to reduce their costs by 20 to 25%.

“The third version of Aave’s DeFi protocol is ready to accelerate the growth of the ecosystem with its completely redesigned user experience. This is a major milestone for one of the most popular liquidity protocols in decentralized finance and reinforces our mission to bring this new finance to the next hundreds of millions of people,”

said Sandeep Nailwal, co-founder of Polygon.
ShareTweetPinSendShareSend
Previous Post

Launch of ApeCoin (APE), the cryptocurrency of the Bored Ape Yacht Club

Next Post

Mina Protocol (MINA) raises $92 million to conquer the Web 3.0 market

Related Posts

SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?
News

SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

December 30, 2022
2.7k
The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000
Bitcoin

The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

December 22, 2022
2.4k
Waltio outlines strategy to reduce its taxation on cryptocurrencies
Blockchains

Waltio outlines strategy to reduce its taxation on cryptocurrencies

December 1, 2022
2.5k

Popular news

  • How do Web3 and NFTs enrich the live music experience?

    How do Web3 and NFTs enrich the live music experience?

    0 shares
    Share 0 Tweet 0
  • Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

    0 shares
    Share 0 Tweet 0
  • Free crypto / referral codes

    0 shares
    Share 0 Tweet 0
  • SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    0 shares
    Share 0 Tweet 0
  • The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    0 shares
    Share 0 Tweet 0

Categories

  • Privacy Policy

© 2022 - CoinsMag

No Result
View All Result
  • HOME
  • NEWS
  • BLOCKCHAINS
  • DEFI
  • NFT
  • GAMES
  • METAVERSE
  • FREE CRYPTOS
  • TUTORIALS

© 2022 - CoinsMag

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.