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Aave (AAVE)

371 Articles 20,302 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.


DeFi Protocol Aave Proposes On-Chain Stablecoin GHO

11 Jul 2022 2 minute read 2 comments Zacharias

11 July 2022: Major DeFi protocol Aave (AAVE) recently proposed what would become an on-chain, decentralized stablecoin called GHO. The GHO token would be launched on the Aave Protocol with the backing of the community & DAO, allowing users to mint G...

All Gas No Brakes

11 Jul 2022 6 minute read 1 comment Ino

    Who knew the arbitrageurs of your liquidity in Centralized Finance were incompetent and had no proven track record to be sustainable in a bear market. Odd how these hybrid banking institutions are being bailed out by the new emerging FED Cartel,...

🍳 GEM Radar 07/08 - AAVE, LOOKS & 1INCH

8 Jul 2022 1 minute read 0 comments Candlestick

    AAVE - Exit at a higher price by Net Buy Amount indicator   AAVE +16.97% 24h. Again, you can use the Net Buy Amount indicator to capture a better exit price than others.    When the AAVE price went up to $73.68 with the Net Bu...

Uniswap APM, Big Swaps and Bond Investing

6 Jul 2022 1 minute read 2 comments InsideCrypto

Hey DFI(Defi) people… How are you holding up? One thing I have to say on the bright side is the theme of this episode is growth. I know it sounds hard to believe but it is happening! This is the eighth episode of our Defi focused segment of the Insid...

🍳 Gem Radar 07/04 - APE, PERP, CEL, AMP, AAVE, WINXM & RPL

4 Jul 2022 1 minute read 0 comments Candlestick

  Top Gainers 1D SHIT +48.65% PROM +29.58% SPI +24.37% REQ +24.11% OGN +23.85% 👉 Top Gainers in 1H   Top Smart Money Net Buy Tokens 1D APE Smart Money Net Buy Value 13,341, -48.44%. Still positive Net Buy Value (buy>sell), but the am...

Don't Want to Sell Your Crypto at These Prices? Maybe Aave (AAVE) Can Help...

28 Jun 2022 5 minute read 3 comments Michael @ CryptoEQ

If you want more cryptocurrency analysis including full-length research reports, trading signals, and social media sentiment analysis, use the code "Publish0x" when subscribing to CryptoEQ.io to make your first month of CryptoEQ just $10! Or simply...

7 High-Paying Yield Farming Platforms to Check Out Now!

27 Jun 2022 4 minute read 0 comments UniFarm

Since the year 2020, yield farming has been a hot topic in the decentralized finance world. It has become a way to go for investors looking to gain maximum profits from their owned cryptocurrencies and other crypto-based assets. As a beginner, the co...

Staking Vs. Lending - What Is The Best Strategy For Your Coins?

22 Jun 2022 2 minute read 0 comments Cryptofab

If you invested into cryptos like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) or other coins, you may wonder if you should stake or lend your coins. Most of the articles on this topic focus on the yield, i.e., how much you can earn by staking o...

What is a DAO in Crypto?

7 Jun 2022 3 minute read 2 comments GetBlock

The ‘DAO’ is a concept based on blockchain technology, which eliminates the need for a central governing authority. Recently, DAOs have been getting quite a lot of attention from developers. Let’s try to explain what having a DAO means in the crypto...

DOT, LINK, BTC and Aave | Chart Analysis | I'm Back :) | 07 June

7 Jun 2022 1 minute read 0 comments Joao16

Bitcoin Analysis Btc is trying to get a support at 28.5K and it seems to be holding pretty well but Today is trying to do a rejection to the 32K resistance, unless until the end of the day this bar turns green we will test the support again. I don't...