AAVE to its ATH .. What's going on?

AAVE to its ATH .. What's going on?

By Rikolo | BlocksPower | 18 May 2021


     

image.png Source

 

AAVE is one of the central protocols of the DeFi world and has managed to involve major financial institutions so quickly.

The news that AAVE is testing separate pools to make room for banks, fund managers and classic finance operators of all the world, integrating tools for KYC management and anti-money laundering regulations has brought a great deal of movement into the market.

image.png(Stani Kulechov founder and CEO of AAVE)

 

In short, AAVE presents its regulated DeFi model for those coming from the world of traditional finance, therefore a model that supports all those practices necessary for those who must operate following the financial rules of the countries in which they operate.

But do we still have time to enter AAVE?

 

I am not able to give financial advice, everyone has to make their own choices for themselves, considering that with this strategic move AAVE has become the reference blockchain for the institutional clients, I can assume that the path is still at the beginning and could reserve other growth surprises.

 

image.png
(Coingecko)

 

Clearly, a price correction will be expected, but here we are not talking about daily trading but a vision of the project in the medium and long term.

It depends on how much each of us can believe or not in the success behind AAVE's choice to open to institutions.

 

Who knows if AAVE has opened a new season that will also push the competition to turn part of their services to large banks and large financial institutions?

 

Thanks for stopping by here.

 

 



 

am also present in other decentralized platforms.

 



 

  • Come on, let's earn together with StormGain . Register and become a Bitcoin miner, you will immediately get 3 USDT. 

 

How do you rate this article?

2


Rikolo
Rikolo

Enthusiastic about cryptocurrencies'world and blockchain. Passionate about candles and charts, but also about fundamental analysis. We must always learn from our mistakes.


BlocksPower
BlocksPower

Blockchain is among us! This blog talks the infinite ways of using this recent and ever-changing Technology and how it will be able to transform and improve every aspect of the World around us.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.