Ah, dear reader! Gather ’round, for a most curious tale unfolds! Aave v3, that illustrious beast of lending and borrowing, has made its grand entrance upon the stage of Celo, a land where mobile-first users frolic like children in a field of daisies. 🌼
With the fervent approval of Aave’s community—who, one might say, are as enthusiastic as a cat chasing a laser pointer—this latest version has burst forth, promising to expand the horizons of DeFi like a peacock displaying its feathers. 🦚
Now, behold! The good folk of Celo (CELO) can lend, borrow, and earn yields on their staked assets, as if they were picking ripe apples from a tree of financial abundance. The deployment, a veritable cornucopia of options, will support CELO, Tether (USDT), and the ever-popular USD Coin (USDC) as collateral. For those daring enough to borrow, cUSD and cEUR await like eager suitors at a ball. 💃
“Celo was built to provide individuals and communities worldwide with accessible, efficient financial tools, and Aave’s launch is a major step forward in delivering on this mission,” proclaimed Isha Varshney, the esteemed Head of Ecosystem at the Celo Foundation, as if she were announcing the arrival of a long-lost relative. 🎉
For Aave, this union with Celo is akin to a match made in heaven, promising to attract a new legion of users—especially those who prefer to conduct their affairs from the comfort of their mobile devices, like a cat lounging in a sunbeam. ☀️
“This deployment of Aave on Celo will potentially bring a large community of new people into the Aave ecosystem, reaching mobile-first users in emerging markets, connecting real-world assets to DeFi, and accelerating the use of stablecoins for simple transactions,” declared Stani Kulechov, the Founder of Aave Labs, with the enthusiasm of a child on Christmas morning. 🎁
Let us not forget, dear reader, that Aave v3 made its debut in March 2022, gracing the Ethereum (ETH) mainnet in January 2023. Since then, it has danced its way into the arms of Aptos, Avalanche, Polygon, Arbitrum, ZKSync Era mainnet, and Sonic (formerly known as Fantom)—a veritable social butterfly of the blockchain world! 🦋
Yet, in a twist worthy of a tragicomedy, both CELO and AAVE find themselves down by 0.25% and 1% respectively, as if they were caught in a rainstorm, aligning with the broader market downturn, where tariffs loom like dark clouds over the industry. ☔
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2025-03-18 16:05