#decentralized lending

[atzose]

The Revolution of Decentralized Finance (DeFi)

Hey friends! 🌐 Check out this eye-opening blog on the game-changing #DeFi revolution, featuring current benefits and exciting future directions. Explore #financialinclusion, #privacy, #governance, and more in the future of finance! 🚀

In the rapidly evolving landscape of the financial world, a disruptive force has emerged, challenging traditional banking systems and revolutionizing how we handle money. Decentralized Finance, commonly known as DeFi, is an innovative concept built on blockchain technology that empowers individuals with greater financial autonomy, transparency, and inclusivity. In this blog, we will explore the…

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[rwatimes]

Robinhood launches public mainnet for Robinhood Chain alongside 24/7 tokenized stocks and decentralized lending

Robinhood launches public mainnet for Robinhood Chain alongside 24/7 tokenized stocks and decentralized lending: Vlad Tenev walked onto a stage at the **Old Royal Naval College in London**… and basically told the world: *"The financial system you know... Robinhood, blockchain, Ethereum Layer 2, tokenized stocks, DeFi, crypto, AI trading, financial technology, Web3, decentralized finance

➤ Robinhood has launched its Ethereum Layer 2 blockchain, Robinhood Chain, on mainnet, featuring 24/7 tokenized stock trading and decentralized lending capabilities. ➤ The platform integrates with major DeFi protocols like Uniswap and Chainlink, offering tokenized debt securities with economic exposure and a new 'Robinhood Earn' product for eligible U.S. users providing a ~7% APY on stablecoins. ➤ Robinhood is also introducing 'Agentic Accounts' for AI-driven crypto trading, signaling a significant strategic bet on the future of finance being on-chain, despite recent revenue declines.

[rwatimes]

Standard Chartered initiates Aave coverage with $3,500 target for 2030

➤ Standard Chartered initiated coverage of Aave with a $3,500 price target for 2030, anticipating growth from tokenized assets and institutional on-chain finance. ➤ The bank highlights Aave's leading position in decentralized lending, projecting significant growth in tokenized assets and Aave's potential to capture a large share of this market. ➤ Key growth drivers identified include Aave's Horizon market for institutional lending of RWAs and a potential restart of its token buyback program.

[rwatimes]

Important Ripple (XRP) Deadline Concerning Many Users

➤ Strobe Finance, a decentralized lending protocol on the XRP Ledger's EVM Sidechain, is shutting down due to funding gaps and unsustainable running costs. ➤ Users have until July 13 to repay loans and July 20 to withdraw deposits before the platform permanently closes, leaving the XRPL EVM Sidechain without a lending market. ➤ The closure raises questions about the XRPL's ability to support retail-focused DeFi projects, as Ripple shifts its focus towards institutional and developer-oriented initiatives like an AI starter kit.

[pavel-nosok]

5 peer-to-peer (P2P) lending platforms for borrowers and lenders

Discover five platforms — Aave, Compound, MakerDAO, dYdX and Fulcrum — that are transforming lending and borrowing through decentralization.

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[pavel-nosok]

Aave Price Leads Altcoin Recovery, Here’s Possible Reason

The digital currency ecosystem is seeing a mixed reaction today and while the combined crypto market cap is down by 0.10%, decentralized lending protocol Aave is currently leading altcoin momentum. Aave Price Jump and Possible Triggers At the time of writing, Aave is changing hands at a spot price of $74.46 after printing a parabolic The post Aave Price Leads Altcoin Recovery, Here’s Possible…

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[kumar-pradeep]

Best DeFi Crypto’s to Invest in 2023-24

In 2023-24, the best DeFi cryptos to consider investing in are cryptocurrencies that operate within the decentralized finance (DeFi) space. DeFi cryptos are digital currencies that enable financial transactions without relying on traditional banks or intermediaries. Some of the top DeFi cryptos to watch out for include Ethereum (ETH), which is the backbone of many DeFi projects, and popular tokens like Aave (AAVE), Compound (COMP), and Uniswap (UNI), which provide decentralized lending, borrowing, and trading services. These cryptocurrencies have shown strong growth and adoption within the DeFi ecosystem, making them potential investment opportunities for the future.