Document Analysis NLP IA
FREQ, RAKE or TFIDF
Summary (IA Generated)
Decentralized finance (DeFi) credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFi Pulse.
47 billion-worth of different crypto assets staked for credit lines, while MakerDAO has $1.
45 billion in total value locked (projects-with-1-2b-in-tlv-have-major-governance-issues/”>TVL).
For context, though, when MakerDAO and Compound switched positions, each had about $480 million in TVL.
In the recent surge of interest in DeFi, four projects have now broken $1 billion in assets as measured by DeFi Pulse at different times: MakerDAO, Compound, Aave and Curve.
Both Yearn and Curve’s yield farming programs have contributed to the massive spike in TVL over the past few weeks and in particular over the past week,” she wrote in an email.