Aave Companies is rebranding to Avara, signaling the developers of DeFi’s largest lending protocol now houses multiple other brands and services.
The rebrand aims to bring a host of projects together under one umbrella. These projects include Lens, the social graph protocol, GHO, the stablecoin, and Aave, the lending platform with $5.8B in total value locked.
As part of the restructuring, Avera is also acquiring Los Feliz Engineering, the makers of the Family crypto wallet.
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#undefined [Source: TheDefiant]