This is the 33rd issue of the Token Valley dApp newsletter. Let’s get right to it:
📺 dApp News
Ex-Goldman Sachs Exec Sees Promise in Ethereum’s DeFi Ecosystem
ConsenSys Acquires U.S. Broker-Dealer to Tokenize Municipal Bonds
Ethereum Price Could Shoot Up As JPMorgan Joins ETH Ecosystem
This Dapp Rocked in 2017 But Now Has No Users; Is DeFi Dapps Next?
Ethereum (ETH) 2.0 to Launch in 2020 in Co-Existence with Ethereum 1.0: Developer
Flight Delayed Get Paid! Chainlink & Etherisc Decentralized Flight Insurance Prototype
Dapp onboarding platform Authereum goes live on Ethereum network
Ethereum, EOS, Tron registered steady decline in active DApps in 2019
Blockstack Introduces New Consensus Mechanism, Proof Of Transfer (PoX), For Miners
Ethereum’s competitor Hedera signs partnership with Google – Price gains 120%
SKALE Network to be the first project to launch a token on ConsenSys Codefi’s Activate
Altcoin Explorer: Kyber Network, the On-Chain Liquidity Protocol Leading the DeFi Sector
Chintai testing custom Merchant Network for token creation, leasing, and trading
This Ethereum-Based dApp Was Just Featured by Apple Store to 4.5 Million Followers
🤹 Tweets of the Week
✨ Token Valley’s ‘Weekly Spotlight’
Dapp of the week: AAVE
What is Aave?
Aave (from the Finnish word for "ghost") is a non-custodial protocol on Ethereum for decentralized lending and borrowing. For lenders, the protocol mints ERC20-compliant aTokens at a 1:1 ratio to supplied assets. Interest immediately starts compounding continuously, represented by a steady increase in the amount of aTokens held by the lender. This interest stream may be redirected to any address, separate from the aTokens that represent the underlying principal.