DeHive Collaborates With Agave, a Gnosis-Based Lending Protocolš¤š„
As the DeHive team releases new crypto indexes, we also keep expanding our partnership network. In our previous articles and AMA sessions, weāve repeatedly said that we aim to partner with all the projects included in DeHive indexes. We believe that only this way weāll be able to find a perfect balance and work in synergy as well-fit details of one mechanism.
And today, weāve come one step closer to our dream of uniting all the projects in one ecosystem. We are happy to announce that DeHive has partnered with one more incredible project on the Gnosis (former xDai) chain ā Agave.
What is Agave?
Agave is a DeFi lending protocol on the Gnosis (former xDai) chain. The team has created a community-driven global platform that allows users to borrow and lend funds, providing access to money markets directly on-chain.
The Agave platform offers scalable, secure, inexpensive, and almost instant blockchain transactions due to being built on the Gnosis chain. Users can benefit from lending and borrowing different crypto assets, including WETH, WBTC, LINK, and USDC, with plans to add several more in the near future. Over 4,200 users have already joined Agave, and we wonāt be surprised if youāll be the next one.
Partnership details
As weāve already mentioned, this partnership is a strategic step towards uniting all the projects included in DeHive Clusters into one ecosystem.
If you havenāt heard of DeHive Clusters before, they are yield-generating crypto indexes that unite top crypto assets into one basket. For instance, to create de-xDai Cluster, our experts have carefully selected the best-performing tokens on the Gnosis chain into one index, and AGVE has taken its rightful place in it.
As a result of this collaboration, DeHive has included Agave Token AGVE in one of our Clusters on the Gnosis chain, de-xDai. Moreover, starting from today, DeHive and Agave enter long-lasting collaboration while Agave becomes a strategic partner of DeHive. This will help us develop and strengthen the Gnosis ecosystem and get cross-marketing support.
This is a fantastic collaboration that weāve been waiting for, and we are happy to partner with the Agave team ā weāve got a bright future ahead. We hope weāll get to cooperate with the rest of the projects included in the de-xDai Cluster soon so that we can build secure and trustless DeFi together. āā
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