Express

MyEtherWallet Integrates DeFi Lending Protocols Aave and Ren

Lily Yang

Summary: Announced Thursday, MyEtherWallet (MEW) has integrated DeFi lending protocols Aave and Ren into its platform. MEW is an open-source client for generating non-custodial Ethereum wallets.  Already capable of connecting its users with Ethereum dApps previously, MEW can now enable users to use mobile wallet “MEWconnect” with the support from Aave and Ren. Additionally, MakerDAO vaults ...

Announced Thursday, MyEtherWallet (MEW) has integrated DeFi lending protocols Aave and Ren into its platform. MEW is an open-source client for generating non-custodial Ethereum wallets. 

Already capable of connecting its users with Ethereum dApps previously, MEW can now enable users to use mobile wallet “MEWconnect” with the support from Aave and Ren. Additionally, MakerDAO vaults will possibly be set up on MEW. 

According to DeFi Pulse, the non-custodial lending protocol Aave now has a $543.8 million value locked. While Aave is helping users to access dApps on mobile wallets, Ren allows users to deposit Bitcoin, Bitcoin Cash, and Zcash into Ethereum DeFi protocols.

By Lily Yang

Last Update:

Tags: ,,,
Link: MyEtherWallet Integrates DeFi Lending Protocols Aave and Ren   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 10 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago

    • You need to login to comment.