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Aave v3.2’s New Liquid eModes are Now Live

Twitter icon  •  Published 1 month ago on October 29, 2024  •  Hassan Maishera

On Monday, Aave Labs announced via X that Aave v3.2’s new liquid eModes are now live across all instances.

Aave v3.2’s New Liquid eModes are Now Live

On Monday, Aave Labs announced via X that Aave v3.2’s new liquid eModes are now live across all instances. The first eMode categories have been introduced on the Lido Finance market, offering greater flexibility and expanded use cases for both suppliers and borrowers.

Liquid eMode grants users greater control and flexibility over borrowing and collateral, allowing them to 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 $153.99 per token, up 3% in the last 24 hours.

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Author

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.