This updated primer on DeFi explains Ethereum, layer 1s and Layer 2, top projects, and governance.

IntoTheBlock explores how MakerDAO's update will allow it to interact with the secondary market with more control over DAI.

All signs point towards lending giant Aave getting a V3 soon. Voting is now live on Snapshot, with well over 99.9% of the votes supporting the protocol releasing its next iteration. 

Aave token holders are voting to patch a vulnerability to DeFi’s biggest protocol by assets locked.

Incentives work. Or at least they do in terms of wooing DeFi protocols to deploy on other blockchains.  Case in point, Curve Finance, the automated market maker, and Aave, the leading DeFi lending project, have each deployed their offerings on Avalanche as a part of the blockchain’s $180M incentive program called Avalanche Rush.  It’s the…

Fireblocks, the digital asset security firm, has posted a proposal on Aave’s forum to scrutinize and approve participants on the DeFi giant’s platform. If Aave governance passes the whitelisting proposal, Fireblocks would be able to onboard a slew of institutional clients into the lending protocol.  Fireblock’s CEO, Michael Shaulov told The Defiant that roughly 50…

DeFi’s latest DAO war is offering an inkling to just how thorny tokenized governance can get. Supporters of the tokenized risk protocol BarnBridge are upset as a proposal to list the project’s BOND token as collateral on lending platform Aave has been met with unexpected resistance from a handful of large token holders in the…

Aave is hinting at a new product for allowing institutions to practice DeFi. On Monday, Aave founder Stani Kulechov tweeted the words “Aave Pro for institutions” alongside a cryptic screenshot. According to Aave full-stack blockchain developer Emilio Frangella, the screenshot depicts the “technical implementation of an experimental version of the Aave protocol for institutions.” He…

Developed by NFT social media network AITO, the NFT is a first on Aave and also a first in that it’ll generate ongoing Aave yield for the artists. The artwork itself is a multimedia, audiovisual collaboration between the DJ Marshmello and Steven Messing, the concept art director for Avatar 2 and Avatar 3. The auction…

On-Chain Markets Update by IntoTheBlock Almost a year since the initial release of COMP fueled DeFi Summer, Aave’s governance voted to implement a similar incentive program. The effects were just as momentous. Aave’s total value locked more than doubled within less than two weeks.  As of May 5, 2021 through IntoTheBlock’s DeFi Insights This sharp…