DeFi Lender Aave Deploys V3 on Ethereum Network

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DeFi Lender Aave Deploys V3 on Ethereum Network
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The third version of decentralized lending and borrowing protocol AaveAave has been deployed on the Ethereum blockchain, with a focus on mitigating user risk and capital efficiency. Reporting by oknightcrypto.

and liquid staking derivates . Liquid staking derivatives are derivative contracts that allow users to retain liquidity of an asset whilst staking it for a reward.

High Efficiency Mode, also called eMode, allows users to capitalize on the highest borrowing power out of their collateral for correlated assets. Users can now leverage larger amounts of assets like wstETH and stake it on the Ethereum blockchain for rewards.gas costs across all functions by 20%-25%The Aave protocol has $4.56 billion in total value locked , an increase of 23.

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