MakerDAO, AAVE & Litecoin – American Wrap 02 August


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MKR emerged as one of the DeFi tokens that yielded massive gains for holders over the past two weeks. However, there is an interesting development behind the exit of Venture Capitalists (VC) and the project’s future roadmap.

Paradigm actions

Curve Finance’s CRV token is currently suffering a liquidity crisis, from the exploit on July 30. The stablecoin-focused DEX relies on smart contracts to offer borrowing, trading and lending services to users.

 

Litecoin (LTC) is ready to undergo the third halving event, which will reduce its block rewards from 12.5 LTC to 6.25 LTC. Taking a closer look at Litecoin price a month before the halving reveals an interesting outlook that could predict the fate of LTC holders. 

LTC/USDT 1-day chart

 

#MakerDAO #AAVE #Litecoin #American #Wrap #August

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