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.


What Does Ethereum's Fail Mean for Other Big Alts?

28 Mar 2021 4 minute read 33 comments AlucardLife

Unless you've been under a rock, you know about the Ethereum Network's huge scaling fail. Optimism, the temp fix for the temp fix before Ethereum 2.0, was pushed back. It is now coming in July. We have yet to really see any price action in ether base...

AAVE is getting ready for second leg up!

27 Mar 2021 1 minute read 0 comments amtraderpro

Hi guys! After over a month of consolidation I believe AAVE is ready to take off. There was an accumulation period of approximately six weeks where the price was trading within the limits of the rectangle that I marked on the chart. A falling triangl...

AAVE's exciting 10 day Round-Up

26 Mar 2021 1 minute read 3 comments Joker1919

                                March 16th - AAVE protocol launches AMM liquidity pool to enable liquidity providers on UNISWAP and Balancer to use their LP tokens as collateral on AAVE. See list of both UNISWAP tokens + Balancer tokens here.March 17...

Yield farming - a primer

21 Mar 2021 6 minute read 2 comments NakedCryptoMole

Introduction - DeFi and Yield Farming Let's talk a bit more about DeFi and Yield Farming. What is so special about decentralized finance (DeFi) and why is everyone talking about it? Defi is basically permissionless, meaning that there is no central i...

DEFI tokens indicated by trader

20 Mar 2021 1 minute read 0 comments Medal182

There was an article that I thought was important to share, talking about some tokens that a trader indicated in March to make a profit in April. For those who like to practice trader, the article says: 1 Token: "1inch (1INCH)The first token mentione...

AAVE x AMPL a Match Made in Heaven

19 Mar 2021 3 minute read 5 comments Brawnd0

Aave, originally called ETHLend, is considered to be one of the OG’s of the DeFi. It’s one of the top 3 DeFi projects by total value locked and it made it here by pushing the boundaries of what we can do with money, most notably including flash loans...

There’s Big Money In AMPL ft. AAVE

15 Mar 2021 3 minute read 5 comments Chenhuang_defi

$AMPL getting featured on Aave is inevitable, we already know that. But do you know how much money this will bring to $AMPL?  Let me fill you in on a little secret. It’s BIG, really BIG.  Here’s how I know: You know the Coinbase effect, right? When a...

Alt Market Overview. March 01-11, 2021

11 Mar 2021 1 minute read 1 comment Sir Loin

The news about the integration of the Nash project with the Aave platform increased the value of the #NEX token at its peak by 25%  The announced strategic partnership with LinkDNS by representatives of the High Performance Blockchain led to a 20% i...

DeFi Lending Platforms Comparision Reveals the Most Undervalued One

9 Mar 2021 2 minute read 8 comments Li_KungFu

DeFi is a nascent industry and with that, it moves incredibly fast. So fast, in fact, that 2/3-year-old platforms can become obsolete, creating space for newcomers to innovate upon their ideas. This rule applies to every niche within DeFi and we’re w...

A Stimulus Bounce?

8 Mar 2021 1 minute read 5 comments The Lynx

I will not beat around the bush here. I am counting on a bounce to Bitcoin and altcoins upon the stimulus news. We are already seeing the beginning of it. This is the biggest stimulus package being passed to date, especially in light of the $1400.00...