Aave and Oasis.app Launch Offering Letting Users Increase Exposure to Staked ETH
In a move that may accelerate the growth of staked Ether in a post-Merge market, Oasis.app, a dApp that spun out of MakerDAO, launched a product letting users bolster their exposure to stETH staking yields, the venture announced on Oct. 24.
Oasis.app partnered with DeFi lending giant Aave in the deal.
The product allows Aave users to borrow ETH against stETH — Lido’s liquid staking derivative — and then…
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