ETH Becomes Deflationary and AAVE Generates Significant Revenue
According to CryptoMichNL, two significant events occurred yesterday. Firstly, Ethereum (ETH) became deflationary with a supply decrease at an annual rate of 0.812%. Secondly, AAVE performed exceptionally well on-chain, generating several millions in trading revenue. These developments suggest that the DeFi sector is likely gaining momentum.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast