Finance

Grayscale Rolls Out Aave Fund

Aave is a decentralized lending platform based on the Ethereum blockchain that offers automated loans of cryptocurrency using other tokens you own as collateral. It also lets users lend out their crypto to earn interest.

EigenLayer’s Token Launch Draws Scrutiny Over Supply Concerns

In some ways, the release of EigenLayer’s native EIGEN token this week was as expected; price rapidly rose moments after it was listed on exchanges, leading to a period of price discovery that culminated in a 22% slide from it’s momentary record high. But there appears to be a storm brewing behind the scenes, with several investors and community members calling foul on a lack of transparency over the token’s supply.