Aave is Now Live on Plasma

robot
Abstract generation in progress

On Thursday, Aave Labs announced via X that Aave is now live on Plasma, the stablecoin infrastructure for a new global financial system. Plasma is a high-performance, scalable, and secure blockchain purpose-built for stablecoins.

The initial list of assets for this market includes USD₮, USDe, sUSDe, XAUt, WETH, and weETH.

Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. AAVE is trading at $262.52 per token, up 0.3% in the last 24 hours

AAVE-2.05%
USDE-0.11%
XAUT1.06%
WEETH-1.56%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
TheLittleBoyWhoLovesvip
· 7h ago
Why is there continuous Favourable Information, yet it keeps falling?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)