Latest Posts with Aave (LEND) tag

Aave (LEND)

248 Articles 20,742 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.


POLYGON MATIC ECOSYSTEM AND ITS 5 STRONGEST PROJECTS !!

22 May 2021 3 minute read 1 comment Abrogo

After the impressive appreciation of Polygon, investors have turned their eyes to the projects that make life in this ecosystem. That is why we bring you a compilation of a series of interesting projects from this ecosystem so that you are the one to...

Top 4 DeFi Analysis: Uniswap, Chainlink, Wrapped Bitcoin & Aave

22 May 2021 1 minute read 0 comments Defiant Pathfinder

Hi i am back again and today i decided to analyze the top 4 Decentralized Finance token to see what is their current position and their future. I selected the top 4 ranked with market capitalization, so i am going to share my thoughts and you are wel...

Muscle Up Your Returns with Beefy Finance

20 May 2021 5 minute read 0 comments RockHoward

Do you remember how I goosed returns in the first play in my playbook? In a nutshell we redeposited borrowed funds on the Aave dapp to increase interest earned and rewards. (Here is the article if you want to review the details.) This works fine but...

There's a reason these coins are the biggest gainers last week on Stormgain

18 May 2021 3 minute read 1 comment derbycuzxrp

Last week's biggest gainers on Stormgain    Last week saw se  massive bearish movement on the cryptocurrency markets with bitcoin dropping all the way to 42000 USD . The market had some awesome gains with Eth rising past 4000 USD and BCH spring to 13...

7 stablecoins farming strategies to earn up to 54% APY on polygon

18 May 2021 5 minute read 7 comments Chris Chen

Since polygon chain has launched only a couple months ago, the governance has been incentivizing the exchanges and DEX with MATIC tokens. There are many tokens you can use to farm these incentive rewards, however, I am a conservative investor and lik...

Will the DeFi Tokens dominate the Crypto Market

17 May 2021 1 minute read 2 comments Defiant Pathfinder

The DeFi is making headlines these days as we see new  tokens being introduced each and everyday. Numbers do not lie we can see that if we check the capitalization of all DeFi tokens. The current capitalization is $129,701,145,619 and this shows that...

The Five Biggest Altcoin Gainers – May 10th to May 17th

17 May 2021 1 minute read 2 comments pheonixdown-dee

Please note, that these are projects in the top 100 marketcaps, there are others who have smaller marketcaps that also grew in value. During the week of May 10th to May 17th, these were the biggest altcoin gainers:   Revain (REV) – 108.5% Polygon (M...

AAVE Crypto Price Prediction 2021. What Is Aave Crypto? AAVE Coin News. Aave Price Chart. Find out the best place to buy AAVE crypto.

13 May 2021 3 minute read 0 comments StealthEX

If you are looking for information on AAVE crypto price prediction, then you have come to the right place. This article will also tell you what Aave crypto is, Aave coin news and where to buy this coin, by the way, the best choice is StealthEX. So le...

Index Coop DAO - Vox Populi, Vox Dei!

13 May 2021 3 minute read 8 comments PVMihalache

Vox Populi, Vox Dei! The voice of the people must be heard and no better way to do this than a DAO! The Index decentralized autonomous organization needs the involvment of Index Owls to take part in proposals and vote for the development of the organ...

$POLX Of Polylastic Lists On Kucoin And Approaches 100X? But Why? Can $POLX 1000X?

12 May 2021 2 minute read 0 comments surpassinggoogle

  $POLX Of Polylastic Lists On Kucoin And Approaches 100X? But Why? Can $POLX 1000X? #KICKPAD #Polylastic #binancesmartchain $POLX, a binance smart chain cryptocurrency introduces itself to the public with a listing on Kucoin and Pancakeswap. To pul...