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World Liberty Financial was marketed as a “governance token” that would make the platform “community-governed.” Strangely, despite the fact that there are over 80,000 wallets holding the token, very few of these holders have wanted to participate in the governance process. Indeed, there’s not been a single post in the governance forum for the project since January 9, well over a month ago. This is the same governance forum where the World Liberty team itself seems to be using AI to generate posts full of falsehoods. World Liberty Financial likely used AI to write incorrect AAVE governance post Read more: Who is behind World Liberty Financial, Trump’s new crypto? For comparison, AAVE sees multiple posts every day, as do Sky, Uniswap, Lido, and Compound. Early in December, World Liberty Financial had its first governance proposal in which approximately 1,700 wallets participated. This proposal described its intention to launch an A...

Venture capitalist Arthur Cheong believes that one decentralized finance (DeFi) altcoin may be gearing up for a massive breakout. The DeFiance Capital CEO tells his 176,400 followers on the social media platform X that several factors are signaling bullishness for lending platform Aave (AAVE). He suggests Aave’s open interest (OI), which is the total number of outstanding derivatives contracts for a given asset, may have bottomed after a large decline in the last month. “AAVE price is holding up very well despite the leverage flush on the perps over the past few weeks: 1. Open Interest at 30 days low, dropped by 50% compared to September 11th. 2. Funding rate negative. Set it up very well for the next leg of rally.” Source: Arthur Cheong/X A negative funding rate means there are more short positions than long positions on AAVE, which some traders perceive to be a bullish indicator. He also suggests that that Former President Donald Trump u...

The Aave Pool for Institutions One of the major downfalls of DeFi at the moment is that it doesn’t require KYC/AML and isn’t regulated. The problem with this is that major institutions don’t want to participate in something that could get them into trouble just because suitable laws haven’t been set in place. advertisement Aave’s new permissioned Arc pool aims to resolve this issue by creating a pool specifically designed for institutions, by bringing in regulatory compliance to decentralized finance (DeFi) space they can onboard institutions that wish to try out this new technology legally. According to Stanl Kulechov, Founder and CEO of AAVE: DeFi represents a powerful wave of financial innovation including transparency, liquidity, and programmability–and it’s been inaccessible to traditional financial institutions for far too long. The launch of Aave Arc allows these institutions to participate in DeFi in a compli...