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.


Yielding Multiple Streams of Income with Defi

26 Aug 2020 2 minute read 2 comments bobby d!gital

Control your destiny or someone else will. This resonates deeply. Especially with this social economic paradigm shift that is taking place as I write.  If you haven't read any of my previous articles, you may want to.  I am attempting to hone my writ...

Coinbase Lists Three New Ethereum Tokens

16 Dec 2020 1 minute read 1 comment CryptoVS

Coinbase Adds Three New Ethereum Tokens :  Aave (AAVE) Bancor (BNT) and Synthetix (SNX) all became available for purchase on Coinbase Tuesday 12/15/20 . Usually we see an upswing in a Tokens price when Coinbase adds them to their marketplace, but thi...

Decentralized Finance and Token scams

7 May 2021 1 minute read 2 comments Defiant Pathfinder

In this technological era we live in if you want to succeed in the business and investment field, you have to find the problem and then you create and offer solution. That s the ethnics of business. So in the current world we in the problem is everyt...

DeFi Adoption Is Spiking Despite Collapsed Prices

12 Nov 2020 2 minute read 3 comments Sapphire

More Than Just Hype It was not too long ago that DeFi projects were enjoying an exclusive bull market. Pretty much any project that was labelled "DeFi" automatically received an invitation to a party of gains. Some pumped, only to collapse completely...

Catching the rise in Polygon, the first useable Layer 2 solution on Ethereum

28 Apr 2021 2 minute read 2 comments Chris Chen

If you’ve been following the top 50 coins by market cap, you might have seen the rise of MATIC (Polygon network tokens). From mid march to a few days ago, it’s been stuck between $0.2 and $0.4 but in the last couple days it's shot up to $0.7, what’s...

Aave (AAVE) Is Completing 205% Potential Bullish Setup By Forming Shark Move

13 Dec 2020 1 minute read 1 comment moon333

On the daily time period chart, the price action of Aave (AAVE) is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone. At this time price action is breaking down 100 SMA and on on breaking down 200 SM...

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...

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...

Are DeFi Lending Platforms like Compound and Aave market neutral?

14 Feb 2021 7 minute read 14 comments Pinotio.com

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...

We do not trust them ... remembering Libra

26 Oct 2020 2 minute read 3 comments alquimista1501

It is always good to remember some things within the cryptographic world. Even though this environment is not really more than 15 years old in the public space, many of the olive initiatives are relevant at this moment to be able to evaluate points o...