Aave: A look into how the lending protocol fared in last week

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Members of the Aave [AAVE] community voted in support of a proposal to temporarily pause ETH borrowing on the platform. The vote that took place between 30 August and 2 September saw members in favor of the pause due to the Merge. Blockchain analytics platform, Messari, found that despite the suspension, key ecosystem metrics registered […]

borrowing on the platform. The vote that took place between 30 August and 2 September saw members in favor of the pause due to the Merge.

For key ecosystem metrics, Aave saw a 5.4% growth in liquidity on the platform. Between 5 and 11 September, liquidity on the lending protocol grew to $10.8 billion from $10.3 billion registered between 29 August and 4 September.

 

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