AAVE soars 50% as tokenomics upgrade nears
Key Takeaways
- AAVE proposes eliminating the safety module and redirecting protocol revenue to stablecoin stakers.
- Aave currently holds a 70% market share in DeFi lending, with $7.4 billion in active loans.
- Bitcoin momentarily hit $62k following Powell’s speech on economic outlook
- Russia plans to set up crypto exchanges to support global trade
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