Aave and Remittix Make Strides in DeFi and PayFi
Aave's latest expansion of its V4 lending network has brought significant growth in deposits. According to Aave's September 25 risk-governance update, deposits across six V4 hubs reached $949 million, nearing the $1 billion threshold. This milestone marks substantial progress for the DeFi platform as it continues to widen its markets.
One of the key features driving this growth is the introduction of new collateral options. Eligible users can now deposit seven Coinbase tokenized technology stocks as collateral on V4 via Base, further expanding the network's reach.
In related news, Remittix has revamped its investor dashboard in preparation for its upcoming RTX debut on November 24. The updated dashboard aims to provide clearer information on contributions, allocations, and presale stages, helping investors navigate the project's progress.