Latest Posts with Aave (LEND) tag

Aave (LEND)

244 Articles 19,949 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.

Are DeFi Lending Platforms like Compound and Aave market neutral?

14 Feb 2021 7 minute read 14 comments

Summary: Lending platforms tend to disproportionately lend stable coins and collateralise with volatile cryptos like BTC or ETH. This makes depositors on DeFi lending platforms long BTC/ETH, not market neutral. By extension, the reputation of le...

DeFi in Review: Aave’s Migration, Synthetix ‘Coup d’Etat’, Ren Protocol’s M&A

12 Feb 2021 2 minute read 0 comments GetBlock

This week a red-hot segment of decentralized financial protocols (DeFis) crossed $40B in total value locked for the first time ever. Here is what happened in flagship DeFi ecosystems on the threshold of this milestone. While the cryptocurrencies indu...

AAVE Maria 🙏🏻👻 (🇬🇧)

8 Feb 2021 1 minute read 4 comments TL;DR

Is AAVE set to break out to over $5,000? #Crypto #Cryptocurrency #Trade #Trading #SwingTrading We all know where we can find #AAVE 's fundamentals so let's have a quick flip through the #TA : Bearish 🐻: Recent #DoubleTop Recent Bearish #EngulfingP...

Newbie Quest: Understanding Aave (AAVE)

6 Feb 2021 5 minute read 18 comments Steven_BA

A new post from the Top 100 crypto-currencies is live today. I will cover a very interesting coin. But before starting and telling you what it is about, I will start with a short story: few months ago, actually it was October 2020, I've heard for the...

AAVE, will it stop rising ?

6 Feb 2021 1 minute read 3 comments Clemnms51

Except if you're blind or if you completely ignore the social networks and the evolution of the cryptocurrency market, you must have heard about $AAVE. A nice DeFi protocol  AAVE is basically a decentralized lending platform. On its protocol, you can...

AAVE... 2000 $ ... ?

6 Feb 2021 1 minute read 1 comment Nas.A

  Hello to my friends who love life and keep smiling despite all negativity. In this article, I will talk about "AAVE", the star of this wasted run, which I gave you information about before. My previous articles; AAVE ... 11/11/2020 – 54 $ AAVE, The...

Aave Cryptocurrency (AAVE) Analysis

5 Feb 2021 1 minute read 0 comments Ayman Khalil

The Aave Cryptocurrency (AAVE) has been hitting the target that we predicted before at the area of $ 500.00 while the best price today is the best historical high price ever at $ 520.182.   If you missed the last (AAVE) article you could read it here...

DeFi Domination #1: AAVE

4 Feb 2021 1 minute read 0 comments Walooploop

Today, let’s take a dive into one of my personal favorite DEFI gems, Aave.  Beginning in November 2017, Aave was the very first decentralized financial protocol that enabled a user to borrow or lend cryptocurrency. Aave allows users to earn interest...

Grayscale looks to introduce more crypto investment products for institutional investors to invest on

1 Feb 2021 1 minute read 2 comments Greenchic

Image SourceInstitutional investors did set Bitcoin’s price booming lately and their entry into Bitcoin investments were facilitated by Grayscale, a digital asset management company. Till now Grayscale was a popular vehicle through which institution...

January Update: Aaveversary, another migration, and MarketMake!

1 Feb 2021 1 minute read 8 comments Aave

Hello Aave Community! Hope your 2021 has been off to a good start! On January 8th we celebrated the 1st birthday of the Aave Protocol with a momentous $3B market size milestone and an epic Aaveversary community call. The first year was an incredible...