Latest Posts with Aave (LEND) tag

Aave (LEND)

139 Articles 164 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 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 over 15 assets available. 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.

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.


Bitcoin's dead. AGAIN!

10 hours ago 1 minute read 4 comments Permabull

Bitcoin died already hundreds of times and I just recently read about the last death. Sad story, lol. I honestly don't understand why people even bother to say something like this. Their words will age like a milk. Done a quick research and here's th...

Venezuela Update - 274 Bitcoins traded last week

24 Nov 2020 2 minute read 6 comments Permabull

Checking last week's statistics, 274 BTC were traded in Venezuela on LocalBitcoins. The number is quite down from 281 BTC, traded the week before, buying and selling BTC/FIAT. 274 BTC is over 3,500,000,000,000 Bs. (Bolivares). One Bitcoin (BTC) is c...

Three, must watch videos to celebrate 300 followers

23 Nov 2020 1 minute read 2 comments Permabull

Just reached 300 followers and as a thank you I would like to share another three incredible videos every single person interested in crypto should watch. Before I start I want to say I honestly appreciate every single one of you, I'm so glad somebod...

E&S: Aave, the money market protocol

22 Nov 2020 4 minute read 0 comments MikeZillo

Hi Publish0x community, welcome back to this second article dedicated to Aave! We are again in my new “Easy and Short. Cryptocurrency made accessible” section, created with the aim of introducing the reader to many tokens (often hidden from the spotl...

Technical Analysis: Aave 22/11/2020

22 Nov 2020 1 minute read 0 comments Crypto Army

Aave reached approximately 82$ after starting ascending since the 5th of November, breaking all previous resistance levels, and aiming to reach ATH again. In this article we are going to discuss Aave's Technical analysis, possible targets, support li...

What is this Bitcoin thingy? 11 Key Bitcoin Features

22 Nov 2020 2 minute read 0 comments Permabull

Seeing the dollar value of Bitcoin getting up this quickly means there are lots of newcomers in the crypto space, especially in the first crypto currency - Bitcoin. I would like to point to a few important features of Bitcoin that would hopefully hel...

Aave Introduces Two New Governance Proposals

20 Nov 2020 1 minute read 1 comment Abhimanyu Krishnan

Decentralized lending protocol Aave introduced two new governance proposals on Nov. 18, aimed at funding governance decisions and preparing for the transition into Aave V2. Aave Improvement Proposals (AIPs) 2 and 3 have been officially submitted for...

List of Non KYC Bitcoin Exchanges

20 Nov 2020 1 minute read 16 comments Permabull

Have been recently asked how to get Bitcoin without going through all the check, many exchanges do. Yeah, talking about the lovely KYC aka Know Your Customer. It is something the regulators are pushing for and some exchanges go overboard just to keep...

Colombia update - 184 Bitcoins traded last week

19 Nov 2020 1 minute read 8 comments Permabull

Checking last week's statistics, 184 BTC were traded in Colombia on LocalBitcoins. The number is quite down from 266 BTC traded a week before. Although, the volume is slowly slipping down from 760 BTC per week in February 2019. 184 BTC is about 11,0...

Best Bitcoin memes to celebrate the recent Number GO UP

18 Nov 2020 1 minute read 20 comments Permabull

Just wanted to share a few funny Bitcoin and crypto memes I came across over the time. Hope you'll like and use them. Due to the price shooting up that fast I guess we should start with this one.   Many people complained they didn't buy before the l...