Latest Posts with Aave (LEND) tag

Aave (LEND)

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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.


Yield Farming dead on Tron TRX due to JustSwap changes ?

21 Jan 2021 1 minute read 2 comments kingscrown

  SUBSCRIBE TO CHANNEL NOW - http://fuk.io/yt - CLICK HERE TO SUBSCRIBE After changes on https://justswap.io/ you can only trade 10 verified tokens like ETH ethereum, Bitcoin BTC, Bittorrent, HuobiToken HT, SUN token, DICE and some others. All farms...

Layer2 Coming Soon On Synthetix, Uniswap, Aave and Loopring

19 Jan 2021 2 minute read 7 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

If you are not large holders, it is not convenient to stake tokens on Ethereum's DeFi platforms because the gas is too high. Likewise, there is no incentive to provide liquidity. A scalability solution could come from "Layer2" that some platforms are...

Aave Cryptocurrency (AAVE) Analysis

18 Jan 2021 1 minute read 2 comments Ayman Khalil

Our view of the Aave Cryptocurrency (AAVE) is a very lucky coin that started at the right time, has all the opportunities to catch a great piece of the market cake in a very short time.   Let's view the amazing (AAVE) cryptocurrency’s history to unde...

AMPL One Step Closer to Aave

18 Jan 2021 1 minute read 5 comments Abhimanyu Krishnan

Ampleforth (AMPL) co-founder Brandon Iles has provided an update on the listing of AMPL on Aave. In a post made on Jan. 15, Iles said that a formal AIP had been created and that initial testing is underway. Brandon Iles first suggested the addition...

AAVE and GRT come to DeFiBids. Plus a $10K USDC Auction (The Biggest Yet).

17 Jan 2021 1 minute read 0 comments ShillzAndThrillz

Today brings the announcement of two new hot DeFi tokens making their debut over on the perpetual crypto auctioning platform that is DefiBids, in the form of the first ever lowest unique bid format auctions for both AAVE and GRT.  AAVE is the decentr...

AAVE & COMP are has-beens - To be replaced by FOR & XVS

17 Jan 2021 1 minute read 0 comments Fab G

What is the minimum amount of investment to really make money on Aave and Compound protocols if you take into account gas fees? Below 10k bucks, it is not even worth it. If you want to invest less than that into DeFi, the Binance Smart Chain will all...

The State of Crypto: The Highest Gains for January 16, 2021

16 Jan 2021 6 minute read 11 comments bettercallpaul

The State of Crypto: The Highest Gains for January 16, 2021 by W. Paul Alexander for Better Call Paul Blog See my latest article here: --->  January 19, 2021 - Alt Season Picks up Steam!

Reading to coffee #6

13 Jan 2021 1 minute read 2 comments andrej

Welcome to sixth episode of reading to coffee.  Today topic is: INTERNET   1. Every day there is send more than 300 billions of e-mails. About 97% of them are spam. 2.  Internet is 11630 days old (today 13.1.2020) 3. YouTube upload to internet ever...

Aave in Discussion of Risk Tranches for its Safety Module

11 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Governance members of decentralized lending protocol Aave (AAVE) may consider risk-based insurance packages as part of its safety module system, according to a discussion during a community call held on Jan. 8. The community call was celebrating Aav...

Aavenomics Quarterly Upgrade

11 Jan 2021 1 minute read 0 comments Aave

In September, 2020, the Aave Protocol began the initial phase of the Aavenomics. In this genesis phase, $AAVE holders could stake their AAVE in the Safety Module and earn Safety Incentives, but stakers didn’t have the additional responsibility of sec...