Aave (AAVE)

496 Articles 47,049 Followers

Aave is a decentralizing lending and borrowing platform. Key features of the platform include flash loans, which are uncollateralized loans where borrowing and repayment occur in the same transaction; credit delegation, trusted uncollateralized loans; and borrowing and lending capabilities typical of decentralized lending platforms.

Aave was founded in November 2017 by CEO Stani Kulechov, who has described the goal of the platform as being “to build financial products that people need, while also having some fun.” Aave launched as ETHLend, but rebranded to its current form in September 2018. As ETHLend, it raised $600,000 in Ether in November 2017. The team consists of 19 members coming from a diverse background.

The platform’s native governance token AAVE (previously it was LEND), which also gives its holders discounts on network fees. Compared to other platforms of its kind, Aave has listed a comparatively greater number of assets against which loans can be issued, with a multitude of assets available, including offers on layer 2 Ethereum chains like Polygon. This in combination with its flash loan feature has made it a popular choice for borrowing and has contributed to its quick growth in 2020 and 2021.

The rate switching feature allows users to switch between fixed and variable rates, allowing users to pick the most profitable interest rates. Aave’s credit delegation allows users to borrow funds with no collateral provided and is the pioneer of this mechanism in DeFi space. The team has recommended that users only enter into this agreement with users they trust, and Aave is working on an insurance fund to protect funds in the event any issues may occur.

Aave launched on the Ethereum (ETH) mainnet on January 9, 2020. While most technical updates have been completed, the team has stated that they will research and develop new features going into the future.

OpenSea Puts the Brakes on "Staked-Ether" Backed NFT Trading!

20 Jul 2023 1 minute read 1 comment Louky

OpenSea Puts the Brakes on "Staked-Ether" Backed NFT Trading! Hold up, folks! In a bombshell announcement, Ether.Fi got the boot from OpenSea, the mega digital marketplace for NFTs. They launched their own collection of "staked-ether" NFTs, you know...

Aave cryptocurrencies (AAVE) Analysis

8 Jul 2023 1 minute read 1 comment Ayman Crypto

Hello everybody, & congratulation to all followers who trust my analysis (AAVE) done it well as we predicted in the last article that was on >>> 16 June 2023 (support area) >> (very risky) is not advisable for beginners as we mentioned in the last...

Why I Dumped Bitcoin Cash (BCH) for AAVE

29 Jun 2023 1 minute read 1 comment Cryptofab

I've been following the crypto market for a while now, and I've learned a few things along the way. One of the most important things I've learned is the famous rule "buy the rumors, sell the news." This means that if you see a cryptocurrency that is...

The Coolest Crypto Casino Ever - Get Your Bonus Fix Now!

12 Jun 2023 2 minute read 1 comment Louky

Yo, crypto crew! Listen up 'cause I've got some serious news to drop. I recently discovered the ultimate crypto playground: Uphold. It's the place to be if you're into that crypto life, my friends. Forget those basic exchanges like Binance, Coinbase,...

Aave: Understanding the Crypto Lending Platform

8 Mar 2024 2 minute read 1 comment PaperTradingApp

In the world of cryptocurrency, where innovation and evolution seem to happen overnight, Aave has emerged as a significant player in the realm of decentralized finance (DeFi). This article aims to provide a comprehensive understanding of Aave, its fu...

CODING TUTORIAL - Building Your Own Cryptocurrency on the Ethereum Network: A Epic Step-by-Step Guide [ PART 2]

16 Jun 2023 3 minute read 0 comments Louky

Yo, my crypto-savvy buddies! If you have not read the part one of my first tutorial click me   Are you ready for the second part of this mind-blowing tutorial? We're about to dive even deeper into the world of creating your own cryptocurrency on the...

What Happens to DeFi Today ? (13 Mar 2023, Monday)

13 Mar 2023 2 minute read 6 comments quantdoge

“What happens to DeFi today?” is a crypto news curator that curates high-quality and insightful DeFi news for you daily. Here are the news for you today.   If you would like to read and analyse the news here over an interactive user interface, please...

⭐🌷BYDFi Exchange: A Comprehensive Guide to Its Features, Benefits, and 3rd Anniversary Celebration 1🌷✨💫

22 Apr 2023 2 minute read 7 comments Selena Rose

  🌷Happy 3rd Anniversary BYDFi!🌷 🌕Introduction:🌷  BYDFi Exchange ( is a prominent cryptocurrency exchange that has gained traction in digital asset trading. As the exchange celebrates its 3rd Anniversary, its unique features and of...

Aave vs. Maker Revenue Generation Methods

16 Feb 2023 6 minute read 3 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...