An open source and non-custodial liquidity protocol.
Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion.
Institutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing further adoption, says Fireblocks’ Shahar Madar.
The dApp Protection and Transaction Simulation products can check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional.
The post This Week in Crypto: Bitcoin Halving and Other Key Developments in Web3 and Blockchain appeared first on Coinpedia Fintech News This analysis report, …