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On today's issue:

Fed's rate cuts boost crypto
Aave up 55% MoM
Maples' USDC Yield

This issue is brought to you by Tokenpad:

Tokenpad generates an earnings report for each asset you hold, across your crypto wallets.

The app is now live on the App store and Google Play store.

Fed's rate cuts boost crypto

Jerome Powell spoke at the Jackson Hole Symposium last week. It was pretty clear that they are ready to cut rates. In this economy, it's a good thing for crypto because as MilkRoad stated:

"Lowered rates = lower loan/credit repayments = more money in everyone's pockets / incentive for folks to take out loans and spend on things including (but not limited to) crypto 💸"

Aave up 55% MoM

The movements in the market have made Aave generate 2.1M in revenue, and a total of 5m. 12x more times than it's closest competitor, and has a market cap of 2B. Still a 33x rev/ev multiple.

Aave is also #1 in terms of TVL on all L1s/L2s on the EVM.

With their upcoming fee switch, Aave is set to generate even more value to their token holders.

Maples' 20% USDC Yields

Maple, the DeFi RWA protocol that tokenized credit from private companies, is having some of the best yields in the market.

Maple has a basket of fixed rate overcollateralized loans. TVL has increased from 100M to over 200M YTD. A similar 2x growth in revenues, now over 100k in monthly revenues, but burning over 400k a month as an org.

Also, make sure to use Tokenpad's mobile app to track all your accounts, both on centralized exchanges, and decentralized wallets, for free.

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Disclosure: All content published is for informational purposes only, and does not constitute any sort of financial advice.

Tokenpad Roundup #22 | Fed Boosts Crypto, Aave up 55% MoM, Maple's 20% USDC Yield