Bolide Banner

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.


Compound COMP: One of the First DeFi Lending Protocols on Ethereum

5 Jun 2022 3 minute read 1 comment 2sats

*obligatory not financial advice*   What is Compound? Compound is a lending protocol that is native to the Ethereum blockchain and the distribution of its governance token was one of the main catalysts for the massive DeFi boom in 2020. Compound allo...

The Power of DeFi: Learning about Decentralized Finance and DeFi projects

27 May 2022 2 minute read 0 comments GetBlock

Here’s how DeFi projects are making a difference in the traditional banking industry. For those unfamiliar with Decentralized Finance, DeFi describes a concept- or a type of Decentralized Application - which allows users to manage an entire spectrum...

Can You Make Money with Aave (AAVE) V3 in a Bear Market??

25 May 2022 3 minute read 2 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...

😎 Level Up Your Crypto Trading! 🎉 Candlestick Beta Launched!

18 May 2022 1 minute read 1 comment Candlestick

Candlestick Beta Launched! Now you can check all the token metrics & signals on Candlestick!  If you are a whitelisted user, you will gain full & unlimited access to all the metrics from T0 - T2. We have sent emails to the winners of the reserved 50...

11 May My Technical Analysis

11 May 2022 1 minute read 0 comments Biologist25

$BTC 🛡The 32.9K and 29.8/28.8K levels on the daily chart are supports that can be looked at for response. As long as the macro structure does not change, reaction purchases will continue to be an opportunity to sell from above. I said $ETH first 271...

Starting a DAO: The Basics

4 May 2022 9 minute read 9 comments Zacharias

If you’re at all invested in the Web3 space, you’ve doubtless come across the concept of DAOs, and are perhaps even interested in starting one yourself. The good news is that establishing a DAO is a relatively quick affair, with numerous solutions al...

BTC, LINK, Aave and DOT | Chart Analysis | Yesterday Was Not Good... | 23 APR

23 Apr 2022 1 minute read 3 comments Joao16

Bitcoin Analysis BTC made another sell day breaking EMA500 and now is preparing to also break 38K to then maybe go to the biggest support at 30K. LINK Analysis LINK is also preparing itself to break below 13 and maybe stop at 10 or less dollars. AA...

Chainlink Hackathon, Uniswap Lawsuit and Lido Staking

20 Apr 2022 1 minute read 2 comments InsideCrypto

Hey DFI(Defi) people… How’s the start of your week going? The market has been all over the place but hopefully we’ll have some direction soon. This is the fifth episode of our Defi focused segment of the Inside Crypto podcast. In this series we plan...

Aave vs Venus Protocol. Which One is Safer?

13 Apr 2022 1 minute read 0 comments Dapp.com

  Aave vs Venus Protocol on-chain last 30d Which one is safer? AaveBorrowed volume= 36% of Deposit volumeRepay volume= 37% of Borrowed volume VenusBorrowed volume= 75% of Deposit volumeRepay volume= 100.2% of Borrowed volume Venus is safer, but the...

BTC, LINK, Aave and DOT | Chart Analysis | Yesterday Was Not Good... | 07 APR

7 Apr 2022 1 minute read 3 comments Joao16

Bitcoin Analysis BTC took a dive yesterday and is now testing the EMA56 support, this is one of the most important supports we have if we cannot hold at this support EMA500 would be our last hope to dream about another bull market.  LINK Analysis LI...