Bitget App
Trade smarter
Aave proposes to support Coinbase's cbBTC proposal and will launch Base and mainnet
远山洞见2024/09/11 10:41
Aave is a decentralized financial protocol that allows people to borrow cryptocurrency. Lenders earn interest by depositing digital assets into a specially created liquidity pool. Borrowers can then use their cryptocurrency as collateral to make quick loans using this liquidity.
On September 11th, Aave DAO proposed to add Coinbase's cbBTC to Aave V3, supporting its launch on the Ethereum and Base networks. Aave has become the preferred protocol for supporting Tier 1 asset launch, and this move also marks Aave's further support for innovation in encrypted assets. Once the proposal is passed, users will use cbBTC for lending and liquidity operations on Aave V3, introducing more opportunities to the ecosystem.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
The probability of a Fed rate cut in September is 88.7%, while the probability of keeping rates unchanged is 11.3%.
Chaincatcher•2025/08/27 22:08
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$111,182.91
-0.66%
Ethereum
ETH
$4,503.51
-2.23%
XRP
XRP
$2.98
-1.54%
Tether USDt
USDT
$1.0000
-0.03%
BNB
BNB
$855.77
-0.93%
Solana
SOL
$204.08
+3.72%
USDC
USDC
$0.9999
-0.05%
Dogecoin
DOGE
$0.2186
-0.30%
TRON
TRX
$0.3454
-1.95%
Cardano
ADA
$0.8514
-2.05%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now