Monthly #cryptolending update: Despite the recent collapse of several major banks in the US, the crypto market capitalization has seen a significant increase of over 9.75%. Interest rates remain stable across the different platforms #LearnAndEarn (1/6) 🧵.

Quick review on how the native tokens of the lending platforms performed since the last update (03/01 - 03/31/23):.$DFI: -5.3% ($0.57 to $0.54).$Nexo: +4.3% ($0.69 to $0.72).$CRO: -12.7% ($0.079 to $0.069).$AAVE: -4.9% ($77.76to $73.92).(6/6).

@AaveAave The Aave DAO froze several stablecoins on Aave v3 Avalanche to prevent new positions from adding risk to the protocol amid volatility in stablecoins. The DAO will continue to conduct analysis and stress testing across all Aave deployments (5/6).

@cakedefi left its rates unchanged. They recently collaborated with Care Corner SG to give back to the community. DeFiChain sponsored the German National Fighting Championship. cakedefi launched cakeELITE, an exclusive experience to elevate your crypto game. (4/6).

@cryptocom left its rates unchanged. They secured MVP Preparatory License from VARA in Dubai to provide a comprehensive range of institutional services in compliance with regulatory requirements. had $0 exposure to the insolvent Signature Bank. (3/6).

@Nexo left its rates unchanged. They outgrew its .io domain and moved to Nexo listed $ARB with up to 12% APR on their ARB assets until April 21, 2023. Nexos non-custodial solution, the Nexo Wallet, received the “Best Cryptocurrency Wallet” award (2/6).

Quick review on how the native tokens of the lending platforms performed since the last update (02/01 - 02/28/23):.$DFI: -6.6% ($0.61 to $0.57).$Nexo: -15.9% ($0.82 to $0.69).$CRO: 0% ($0.079 to $0.079).$AAVE: -6.2% ($82.92 to $77.76).(7/7).

@AaveAave has deployed its native stablecoin $GHO on $ETH Goerli testnet. Those who are interested in using GHO, can review the coin's codebase and test its functionality prior to its official release on $ETH. (6/7).

@cakedefi left its rates unchanged. CEO @julianhosp announced that they will launch the new service "YieldVault" soon that will allow their users to generate returns of up to 20% on their crypto assets. Rewards will be paid in native tokens and can be withdrawn at any time. (5/7).

@Nexo left its rates unchanged. They increased the Nexo Staked Ethereum (NETH) Loan-to-Value ratio to 50%. The new non-custodial Nexo Wallet passed the independent Hacken Web3 Cybersecurity Auditor verification with a 10/10 score. (4/7).

@cryptocom lowered interest rates for $ETH, $BTC and $CRO (see table below). They delisted $BAT, $BCH, $ENJ, $LINK, $LTC, $MANA, $PAXG, $TAUD, $TCAD, $TGBP, $TONIC, $TUSD, $UNI, $XLM, $XRP from the platform. (3/7)

@BlockFi clients received important information via mail and/or email regarding the proof of claim process from BlockFi’s claims agent Kroll. The bar date, or deadline to submit a proof of claim, is 5:00 P.M. (prevailing Eastern Time) on March 31, 2023. (2/7).

Monthly #cryptolending update: The crypto market continued its recent recovery. Interest rates remain stable across the different platforms. Only @cryptocom lowered rates for some coins. #LearnAndEarn (1/7) 🧵.

Quick review on how the native tokens of the lending platforms performed since the last update (01/01 - 01/31/23):.$DFI: 27% ($0.48 to $0.61).$Nexo: 26% ($0.65 to $0.82).$CRO: 41% ($0.056 to $0.079).$AAVE: 59% ($52.07 to $82.92).(7/7).

The @AaveAave Protocol's V3 has launched on the ETH mainnet, marking the biggest upgrade yet and brings significant improvements to Aave. Additionally, Lemon App has integrated Aave, expanding its reach to over 1.7M users in Brazil and Argentina. (6/7).

@cakedefi lefts its rates unchanged. According to CEO @julianhosp they now have 160 employees and are listed with their proof of reserves on Glassnode. Cake DeFi also supports $MATIC staking with 5% APY, 12-hourly rewards, and full transparency for its users. (5/7).

@Nexo left its rates unchanged. They reached a resolution with SEC, NASAA, AG of New York, Texas Department of Banking, and other regulatory bodies. Nexo Ventures partners with Hypernative to create solutions that prevent zero-day Web3 cyber attacks (4/7).

@Crypto.com left its rates unchanged. They report global crypto holders incr. by 39% to reach 425M in 2022. The company is committed to sustainability, signing an eight-year carbon renewal agreement with @Climeworks. They reduced their global workforce by 20% (3/7).

@BlockFi to file Schedules of Assets & Liabilities and Statement of Financial Affairs on Jan 11, 2023. Filing incl. asset/liability info and payments made by them to insiders prior to bankruptcy. They committed to transparent proceedings. No claims process deadlines set yet.(2/7).

Monthly #cryptolending update: Is the bottom in for the crypto market or are the bears still in control? Only time will tell but the majority of crypto assets recently started their recovery. #LearnAndEarn (1/7) 🧵.