Aave (LEND) Staking Proposal Could Extend DeFi Token’s 600% Rally
Aave’s LEND token continues to rally after DeFi protocol introduced staking rewards in its Aavenomics proposal. On July 29 the price of Aave (LEND) surged 23% as the project released its tokenomics update proposal called Aavenomics. The upside move brought LEND’s market cap to $447 million and will surely have investors curious on whether the DeFi-related token will surge higher as it has already gained nearly 600% over the past 3 months. LEND/USD chart.
Coin Telegraph - 30th Jul 21:07