Given the mechanism of the Aave V2, the recent CRV concentration has impacted the protocol's revenue.
Within the same period, its stablecoin GHO has been oscillating between losing its peg to the dollar and regaining it. Interestingly, this was happening at a time when Aave announced that 10 million GHO had been minted.
In terms of its Total Value Locked , DefiLlama showed that Aave has fallen below the $5 billion mark. This was a result of the 15.16% decrease in the last 30 days.into a protocol. When the TVL increases, it means the distributed Application has become more trustworthy. But when the metric decreases, it implies that a protocol isn’t perceived to be healthy.
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