Aave (AAVE)

syrupUSDG by @maplefinance is now available as collateral on the Aave V4 Global Dollar Hub.

Users can borrow @global_dollar's USDG against it. https://t.co/QP39qxBR8c

NEW EPISODE - The Next Bull Market is Here, and Obvious

Crypto sentiment is exhausted, prices are down, and institutions are leaning in harder than ever.

@CremeDeLaCrypto and @alekslarsen of @bcap join @TrustlessState to explain why this may be “the fattest pitch of the game,” how stablecoins are compounding activity across DeFi, why value is moving from infrastructure to applications, and why crypto may be approaching its post-broadband moment.

TIMESTAMPS
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0:00 Buybacks, Burns and Tokenholder Trust
5:47 Why Blockchain Capital Is Doubling Down
14:38 Institutions Arrive as Crypto OGs Lose Faith
21:03 From Infrastructure Scarcity to Abundant Blockspace
30:24 What AI Can Learn From Crypto
38:43 Stablecoins Become Onchain Working Capital
44:41 The Stablecoin Revenue Multiplier
47:40 Aave and Open Financial Infrastructure
55:08 The Roadmap for Tokenized Equities
59:41 Public Chains, Ownership and Compliance
1:04:24 Blockchain Capital’s Tokenized Fund
1:09:03 Bringing BCAP Fully Onchain

Reya update @reya_xyz

[RNIP-6 Voting Started]

Details:
• Place top-tier institutional market makers (initially Selini, Keyrock, Flow Traders) behind Reya's liquidity and supply funds from the RLP (Reya Liquidity Pool)

• That capital always remains within Reya. Market makers can use it to quote but cannot withdraw it; if the delegation is cancelled, the capital returns to the pool.

• The pool does not bear their trading losses. Since only capital is provided, the RLP's return characteristics become more favorable.

• Returned to the community. RLP captures a portion of trading fees and the USDe yield from Ethena.
• Maintain transparency. Managed by Ares, an entity of the Reya Foundation, with regular attestations published showing who holds what. This is the same model adopted by Ethena.

Why it matters: This paves the way for operating an order book; after establishing a liquidity layer with RNIP-6, the order book will be built.

How to vote: Access via the source link.

(Commentary)

As recently highlighted in the Perp DEX debate, after TGE is completed and boost is gone, we are in an era where product competitiveness—including security—matters.

Honestly, among Perp DEXs, those that have completed TGE such as hyperliquid, lighter, Aster, and those not yet TGE like variational are maintaining or expanding market share. Reya, although slower, with this order book launch will onboard institutions → improve liquidity → benefit retail users + margin and increase staking pool yields, not only that,

and will continuously implement measures that make retail users more willing to use it (more tokens, improved UI/UX, real overseas Perp traders, collaboration events with KOLs, etc.),

We hope to achieve a robust Base Rollup that enables vertical integration with Aave's flash loans and other anticipated differentiators.