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Aave DAO Launches the v3.2 Upgrade

Twitter icon  •  Published 1 week ago  •  Hassan Maishera

On Tuesday, Aave Labs announced via X that Aave DAO launched the v3.2 upgrade developed by bgdlabs.

On Tuesday, Aave Labs announced via X that Aave DAO launched the v3.2 upgrade developed by bgdlabs. The upgrade introduces Liquid eMode for greater control and flexibility over borrowing and collateral. Users also benefit from improved gas efficiency and customizable risk management.

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 $142.66 per token, down 2% in the last 24 hours.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.