Avaxholic

Hello everyone, we're wrapping up another week of August 2022 to take a look at the Avalanche ecosystem in the past week, what outstanding events have happened in the past week, then give a few comments determined in the near future. The information and graphics in the article are referenced from Avaxholic - The #1 source of information about the Avalanche ecosystem. AVALANCHE OVERVIEW WEEK 32 Important Events We will start with the first event that the Avax token has been listed on the Robinhood exchange. For those who do not know about Robinhood exchange, it is a financial technology company (Fintech) established in April 2013 in the US. The company provides a service platform for websites and mobile applications that allow users to invest and trade in stocks, ETFs and recently listed crypto assets. Robinhood is known as outstanding feature of no transaction fees by users, thereby enabling retail investors to access the financial market easily. Thereby Avax can als... S...

The DeFi market is becoming hotter than ever, especially with the recent incentive programs from multiple blockchains. The TVL (Total Value Locked) across all Dapps (Decentralized applications) is currently $83B, and Aave already impressively accounts for 15% of it. Moreover, compared to other top-notch lending protocols like Compound or MakerDAO, Aave is receiving the highest revenue. On a daily basis, Aave is earning about $2.34M, while Compound and MakerDAO are getting only $1M and $142K, respectively. In fact, the daily revenue of Aave is currently only behind Uniswap. How to use Aave? How to take advantage of Aave’s features and potentially earn profit? This article will give you clear answers for these questions. What is Aave? Aave is a liquidity-based Lending protocol. Originated as a decentralized peer-to-peer lending platform (ETHLend), Aave revamped to a pool-based one. Instead of forming a direct relationship between lenders and borrowers, Aave involves...