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Two Aave stablecoin backstops shrank $12.4 million as reward rates rose

Analysis
By Daniel Wright
0

Two tracked Ethereum V3 Umbrella stakes fell 9.7%, while their implied annualized reward run rate stayed near $2 million.

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Daniel Wright

Focus: Altcoins, Tokenomics, DeFi
Daniel Wright is a blockchain researcher and crypto writer specializing in altcoins, token economics, and decentralized finance protocols. He closely follows emerging projects, Layer 2 solutions, and Web3 innovations, providing in-depth breakdowns of trends shaping the altcoin market.
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