Aave (AAVE)

327 Articles 20,246 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.

[Bounty] LendBTC Decentralized Lending YOUTUBERS BOUNTY 200,000 Token in Pool In

19 Dec 2018 1 minute read 0 comments blogger

  WEBSITE  |  ANN Thread  |  YOUTUBE  |  TWITTER  |  WHITEPAPER   Bounty DetailsLendBTC is starting up their new bounty campaign, which will end after token listed. To find out more about their project, you can follow the links above.There will be 20...

LendBTC is now live!!! get token now early birds

17 Dec 2018 1 minute read 0 comments blogger

To list LBTC on coinmerketcap they need two exchange. They will use one of this exchange to add with mercatox.  Crex24.com List fee 0.5 btcP2pb2b.io List fee 1btc and 1 btc after listingStex.com List fee 0.5 btc They are going to auction 400,000 LBT...

Top Dapps by Trading Volume Jun. 😯 Only 1 Got A Positive Volume Increase.

21 hours ago 1 minute read 0 comments Dapp.com

  Dominated by DEX & DeFi dapps. 9/10 saw a sharp volume plunge:Uniswap V3, -23.9%AAVE, -46.25%Pancakeswap -50.79% Only 1 got a trading volume increase:Curve +68.53%, due to $UST $Luna crash. All dapps ranking 👉 https://www.dapp.com/dapps?sort=4&tim...

DappRadar giveaway - $400 worth of $GHST to 100 lucky winners!

16 Aug 2021 1 minute read 0 comments Royshark

DappRadar is giving away $400 worth of $GHST to 100 lucky winners. Each Aavegotchi is an Ethereum based NFT, which is created using GHST tokens. Users spend GHST to create each Aavegotchi and each Aavegotchi will need to be backed with the interest-b...

Aave Network a Fork Of Aave Protocol -a Decentralized Non-Custodial Liquidity Lending and Borrowing Network

1 Aug 2021 3 minute read 0 comments RalleCrypto

The Fork Of Aave Protocol, Aave Network - An Overview     Aave Network As told from the headline is Aave network a hard fork of Aave Protocol which target the same features as the original Aave, which is a lending and borrowing protocol to earn inter...

Aave Defi will be gone $1 soon before ETH 2.0 .Let's have review

3 Aug 2020 1 minute read 0 comments Kavi

video credit: crypto ride   Aave Defi has recently shown amazing performance in defi market . The price has climbed from $0.05 to $0.315 in last 3 months .it is being traded on many big exchanges like binance ,poloniex ,hitbtc .Let's have quick revi...


27 Mar 2021 1 minute read 0 comments chris04

I have been using Cointiply for a few years and it is the only faucet I still use every day, the others I tried I immediately abandoned after realizing that claiming satoshi from most taps is just a waste of time! Cointiply, in addition to not being...