Aave’s treasury funds saw significant growth. Other competitors also witnessed a surge in their treasury funds. Decentralized lending protocol Aave [AAVE] has seen a growth in its treasury funds, according to a 1 February tweet from Delphi Digital. The growth in treasury funds is an indicator of consistent revenue generation for the protocol, which can […]
According to Dune Analytics, Uniswap’s treasury funds increased over the last few months despite the volatility observed in the crypto market. Similarly, MakerDAO weathered the storm and saw growth in terms of the assets being held by the protocol.
MakerDAO’s treasury consisted mostly of stablecoins, which accounted for 59% of its overall assets. Despite this, it was MakerDAO’s Real World Assets that generated the most revenue for the protocol. It remains to be seen whether MakerDAO will continue to increase its revenue and add value to its treasury.Despite the growing funds of these protocols, the tokens could not generate interest from new addresses.
According to data from Santiment, the network growth for UNI, MKR, and AAVE declined. UNI took a significant hit in this space. However,Is your portfolio green? Check out theIn conclusion, Aave’s growing treasury fund is a positive sign for the protocol, as it showcases consistent revenue generation and provides stability and assurance to investors. Its growth, compared to competitors like Uniswap and MakerDAO, highlighted its financial strength.
However, the decline in network growth for all three protocols showed a lack of interest from new addresses. This could be a potential roadblock in the future growth and adoption of these protocols and their tokens. Nevertheless, the large treasury funds of these protocols could drive growth for their respective ecosystems.Subscribe to get it daily in your inbox.
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