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Aave is considering integrating Chainlink's Smart Value Recapture (SVR) service to reclaim approximately 40% of maximum extractable value (MEV) from liquidations, potentially generating millions in revenue for users. This proposal, currently awaiting community approval, aims to redistribute profits more equitably within the Aave ecosystem, benefiting users and incentivizing Umbrella stakers. The initial distribution plan allocates 65% of recaptured value to the Aave DAO and 35% to the Chainlink community, subject to governance approval.
Whales have significantly increased their accumulation of $LINK, withdrawing 362,380 tokens valued at $8.19 million from Binance in just 48 hours. This surge in confidence comes as Chainlink's Cross-Chain Interoperability Protocol (CCIP) enhances the memecoin landscape, enabling Shiba Inu and Turbo MemeCoin to facilitate seamless token transfers across multiple blockchains. Key integrations include Shiba Inu's tokens being transferable across 12 blockchains and the utilization of Chainlink’s Data Streaks for improved market data transparency within the Shiba Inu ecosystem.
Neiro on Ethereum (NEIRO) is expanding its reach through a partnership with ChainLink, utilizing its Cross-Chain Interoperability Protocol (CCIP) to operate on Ethereum and Base. This upgrade aims to enhance NEIRO's market presence amid competition from similar meme tokens, despite challenges such as whale control and a need for greater visibility. With a current market cap of $43M, NEIRO seeks to regain traction in the meme space, appealing to users with low fees on Base while navigating a crowded landscape.
AAVE has surged over 20%, breaking the $350 resistance and showing bullish momentum, with potential to reach $475. Support is established at $335, while immediate resistance is near $385. A failure to hold above $335 could lead to a decline towards $300 or lower.
Aave is considering the integration of Chainlink’s Smart Value Recapture (SVR) to reclaim profits from Maximal Extractable Value (MEV) and enhance DeFi sustainability. This initiative aims to optimize transaction workflows and recapture around 40% of oracle-related MEV, benefiting both Aave and its users. The proposal reflects Aave's commitment to innovation and collaboration with Chainlink in the evolving DeFi landscape.
Shiba Inu's partnership with Chainlink aims to elevate its status in the crypto market, yet the meme token struggles with a price of $0.0000218 and a daunting goal of reaching $0.01 by 2025. Meanwhile, Rollblock is emerging as a strong contender, boasting over $7.5 million in presale success and a focus on sustainable returns through its innovative online gaming platform. As Chainlink shows potential for a price rally, investors are increasingly drawn to Rollblock's utility and profitability.
Aave's price surged 18.05% to $379 following a proposal to integrate Chainlink's Smart Value Recapture (SVR) oracle, aimed at redirecting profits from Maximum Extractable Value (MEV) to benefit DeFi protocols and users. This integration could enhance Aave's ecosystem, with its market cap reaching $5.7 billion and a 65% increase in trading volume to $1.45 billion.
Chainlink has introduced a new oracle solution called Smart Value Recapture (SVR) to help DeFi applications recapture non-toxic Maximal Extractable Value (MEV) during liquidations, aiming to reclaim about 40% of lost value. In partnership with Aave, the initial split will favor DeFi protocols at 65% for the first six months. Following the announcement, LINK surged 9%, while AAVE experienced a 15% increase, marking significant price movements in the DeFi sector.
Aave (AAVE) and Chainlink (LINK) have partnered to enhance DeFi revenue, with expectations of recovering tens of millions annually through Chainlink's new Smart Value Recapture (SVR) service. This initiative aims to address Maximal Extractable Value (MEV) issues, particularly in liquidation scenarios, by redistributing value back to DeFi protocols. The revenue-sharing plan proposes a 65% allocation to Aave and 35% to Chainlink for the initial six months, pending community governance approval.
Aave's token price surged 14% to $380 amid plans to integrate Chainlink's Smart Value Recapture oracle, aimed at enhancing user benefits and addressing MEV extraction issues during liquidations. With significant trading volume and strong technical indicators, Aave's performance reflects growing interest in DeFi lending products, particularly as expectations of Federal Reserve rate cuts rise. Key resistance is noted around $400, while support levels are established at $341.95 and $298.12.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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