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.


Crypto Lending Update (July 2021)

6 Jul 2021 2 minute read 0 comments CryptoStudio

In a nutshell: After the sharp decline in May, the entire crypto market mainly traded in a volatile sideways trend. Despite the high volatility, crypto lending rates remained mainly stable across most platforms. This article series shows you the main...

3 Top Altcoins To Explore: Institution-Ready DeFi Projects that surged 72.8% in the last 7 days | KuCoin Weekly Review Issue #28

6 Jul 2021 3 minute read 5 comments KuCoin Blog

Despite the tough times faced by Bitcoin, it has managed to end the week in the green. It made it up to $36,595 in the middle of the week before dropping again. Otherwise, there was not too much news coming out about BTC this week, which is lik...

Top Coins Technical Analysis June'21 | BTC, ETH, ADA, DOGE, XRP, SOL, UNI, LTC

5 Jul 2021 1 minute read 0 comments busyjordy

CRYPTO CORNER EPISODE 263 Market Analysis, Updates, News & Reviews In today's episode: Top Mcap Coins Technical Analysis ►Bitcoin (BTC) 7:36 ►Ethereum (ETH) 10:39 ►Cardano (ADA) 13:16 ►AAVE 15:05 ►DOGE Coin 16:20 ►Litecoin (LTC) 18:07 ►Solana (SOL) 1...

What Is Defi Flash Loan & How to prevent the Flash Loan Attacks ?

30 Jun 2021 9 minute read 2 comments CryptoWise

Defi platforms are all poised to replace all the banking services, but having said that they are still vulnerable to security attacks and market manipulation, due to the decentralization fabric. Let's explore Flash loans today and try to decode its...

CC316 - AAVE Extremely Powerful DeFi Liquidity Protocol

26 Jun 2021 1 minute read 2 comments Chesatochi

  Aave is a powerful DeFi liquidity protocol where you can make interest with your crypto and borrow without selling. Aave is a major player in the rising trend of Defi. In this video, you will discover all the major functionalities that Aave brings...

Main Difference Between Token Farming & Token Staking

25 Jun 2021 1 minute read 8 comments Defiant Pathfinder

Farming and Staking are 2 different things and they both have different characteristics which distinguish them from each other. Lets do a breakdown analysis and see how they differ. They differ in what ways exactly? Farming or Token Yield Farming is...

Newton adds 5 new coins (Canada)

24 Jun 2021 1 minute read 2 comments SkidLodo

The Canadian centralized exchange Newton adds five decentralized finance (DeFi) related coins to trade on it's platform. Polygon's Matic, Uniswap's UNI, Compound's COMP, Chainlink's LINK and AAVE from Aave. These are all cryptocurrencies that I find...

😎 Token Signal (06/16 ~ 06/23) : REN, SUSHI, UNI & AAVE’s Active Address/Transfer Volume Drop

23 Jun 2021 1 minute read 0 comments Dapp.com

Cryptocurrency traders, you need to pay attention to these trading signals! According to the on-chain data tracked by dapp.com, 4 top tokens Ren $REN, SushiSwap $SUSHI, Uniswap $UNI and Aave Protocol $AAVE experienced significant changes in their Ac...

Changes to Yield Farming with Aave on Polygon #DeFiforAll Phase 2

20 Jun 2021 1 minute read 1 comment CryptoSimp

Among the emerging Layer 2 protocols on Ethereum, Polygon gained huge momentum in April and May 2021. Recently, Polygon has been a friendly environment for retail investors, featuring miniscule gas fees and fast transaction times. It brought over $1...

Time to BUY ! Coins showing bullish divergences $$$

18 Jun 2021 1 minute read 0 comments F Sharp

Bitcoin Bitcoin is finding support for now. Flashing some reversal signals for the short term. I'm currently long now and adding, in case we hit my 36k targets. Ethereum I'm buying long term in the 2200's & below. My Eth contract trade- I'm building...