📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
DeFi Specialist Aave Labs Acquires Stable Finance, Expands Consumer Access to Onchain Savings
Aave Labs, the firm behind decentralized finance (DeFi) giant Aave, said it acquired Stable Finance, a San Francisco-based startup focused on making onchain savings simple for everyday users. The terms of the deal were not disclosed.
The move brings Stable’s founder, Mario Baxter Cabrera, and his engineering team to Aave Labs, where they’ll help build new consumer-facing DeFi products. Cabrera will join as Director of Product.
Stable Finance is best known for its mobile app, which lets users deposit dollars or crypto to earn interest through stablecoin yield strategies. The app hid much of the technical complexity of DeFi, giving users a single interface for onchain savings, according to a press release.
Aave Labs founder Stani Kulechov said the deal reinforces the company’s goal of making “onchain finance into everyday finance.” The company already operates Aave.com and Horizon, an institutional platform introduced in August that has attracted more than $300 million in deposits.