Aave, a decentralized finance protocol, has seen its net deposits soar to $31.4 billion, surpassing many US commercial banks and marking a 50% increase in deposits in just one month. The platform's strong borrowing and lending capabilities have contributed to its impressive growth, which mirrors the expansion of all lending protocols in the industry. Aave's community is now considering modifying its governance structure to allocate rewards to token holders. Overall, Aave's recent developments suggest continued growth and success in the decentralized finance sector.



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