Aave

Uniswap

DeFi

Frax

<ul>
 <li>The Aave DAO has voted to implement changes to the staking fee structure.</li>
 <li>This proposal is in line with the protocol’s goal of making staking more lucrative.</li>
</ul>
There has been talk of a potential vote by Aave Chan Initiative founder <a href="https://fr.linkedin.com/in/marczelleraci" target="_blank" rel="noopener noreferrer nofollow">Marc Zeller</a> to activate a “fee switch” on the Aave DeFi (Decentralized Finance) platform. The Aave DAO’s yearly net gains are about $60 million, and Zeller’s article on X hinted at some thoughts that it may influence how the owners spend these funds. An ongoing discussion about how to encourage investment and engagement in the <a href="https://thenewscrypto.com/defi-lending-protocol-aave-shuts-several-markets-after-uncovering-issue/" target="_blank" rel="noopener noreferrer nofollow">Aave</a> ecosystem is the impetus for this change.
The Aave DAO has voted to implement changes to the staking fee structure of the Aave stablecoin, <a href="https://thenewscrypto.com/aave-dao-successfully-launches-gho-stablecoin-on-ethereum-mainnet/" target="_blank" rel="noopener noreferrer nofollow">GHO</a>. Among the objectives is the preservation of the stablecoin’s peg.&nbsp;
<h3 class="wp-block-heading" id="h-competing-with-other-protocols">Competing with Other Protocols</h3>
In its release, Zeller lays out the protocol’s plans to compete with protocols like Uniswap DeFi and Frax Finance by using the fee distribution architecture in an innovative way to boost staker incentives.
Zeller had already hinted at this in a March tweet when he proposed a safety fund from which the stakers would get revenue. This proposal is in line with the protocol’s goal of making staking more attractive and lucrative for the stakers. This change, according to Zeller, is an effort to strengthen the network’s staker community and thus make the network more safe and stable.
Frax Finance and <a href="https://uniswap.org/" target="_blank" rel="noopener noreferrer nofollow">Uniswap</a> are now executing their fee switches, which is a difficult reality to accept. It is clear that there has been a change towards adequately compensating consumers and improving platform security since the majority of DeFi protocols also consider user demands. Following the lead of protocols that already employ this paradigm, the platform may decide to allocate fees to users in the near future.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/early-backers-of-nftfn-foresee-a-bigger-price-surge-than-xrp-and-lunc/" target="_blank" rel="noopener noreferrer nofollow">Early Backers Of $NFTFN Foresee A Bigger Price Surge Than XRP And LUNC</a>

Aave Founder Considers Fee Structure Overhaul to Boost Ecosystem Growth

목차

TheNewsCrypto

2024년 4월 8일에 게재된 다른 기사

Robinhood’s Bitcoin holdings surpass $9.5b, third only to Bitfinex and Binance

DogWifHat Price Prediction: Can WIF Hit $5 Before Halving?

Bitcoin Price Trends and Key Levels to Watch This Week

Google Updates Android App with Seamless Gemini AI Integration for Enhanced User Experience

Bitcoin on Verge of $70,000, XRP Comeback Begins, Ethereum (ETH) Support Plays Out

Ripple CEO Predicts Crypto Market Surge

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!