Avara founder backs proposal to offboard Polygon markets from Aave
The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge.
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The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge.
Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves.
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges.
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
Stripe reintroduces USDC payments, marking a significant moment for crypto adoption as stablecoin transactions see global demand.
NFT sales volumes for the week ending Oct. 6 hit nearly $85 million, the biggest selling week for NFTs since the end of August.
Assetera will provide Europe’s first regulated secondary tokenized real-world asset marketplace.
According to Colin Butler, financial institutions that don’t embrace blockchain technology will lose their relevancy and competitive edge.
