Aave News: Late & Short - what did we miss?
A recap of the Aave ecosystem, February 14th - 20th 2022
Sharing late and keeping it short. Check out Aave Weekly protocol metrics below. What news did we miss from the Aave ecosystem? Share below in the Substack comments or @AaveGrants on Twitter. We will include all the responses in next week’s issue!
Aave Weekly ⚡️
The Aave Weekly Newsletter brings readers insights on protocol liquidity, income and other performance metrics.
The Aave Protocol closes week 8 of 2022 with $19.9 billion of liquidity:
37.3% Utilisation, generating $4.6m of estimated interest for depositors
$56m of Flash Loan volume, generating $50k of fees for depositors
$5.8m liquidated, generating $524k of fees to liquidators
$561k for the ecosystem collectors now holding $43.6m
$5.8m generated by the protocol this week
With an additional $1.5m $StkAAVE & $2.2m $WAVAX distributed
*at the weekly close price
Tune back in next week for everything we missed including all the stories received!