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.


DeFi Pulse Introduces Safety Rating Metric

14 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

DeFi data platform DeFi Pulse has launched a new safety rating metric in partnership with digital asset modeling platform Gauntlet, according to an announcement made on October 14. DeFi Pulse and Gauntlet launched the alpha version “Economic Safety...

Aave in Discussion of Risk Tranches for its Safety Module

11 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Governance members of decentralized lending protocol Aave (AAVE) may consider risk-based insurance packages as part of its safety module system, according to a discussion during a community call held on Jan. 8. The community call was celebrating Aav...

AAVE/USD Retail Market Structure: Q1 2021 so far

4 Mar 2021 1 minute read 4 comments idm

This post examines AAVE/USD retail price and volume movement from Jan-01 to Mar-03. AAVE started 2021 below 100 USD but in the first week of the year, managed to just barely exceed 100 USD. Moderate volume drove the price sideways for a week. In the...

THE HYPE THAT IS AAVE - What it is and how it Works - The Basics in Simple Terms

1 Mar 2021 2 minute read 0 comments kev_nag

The history behind what is now Aave is an interesting story in and of itself. Aave was born in Finland in 2017 under the name ETHLend. Now, when we think of Finland we do not think of it as the caldron for brewing high tech DeFi projects. Silicon Val...

Lending, a Category of Active Inclusion

1 Nov 2020 1 minute read 0 comments alquimista1501

It is always good to remember the benefits that decentralized finance (DeFi) has contributed throughout this year. Since this period is an interesting period to remember in our history, the great contribution that this cryptographic branch has had in...

Is Coin Staking and Farming entirely Safe?

6 May 2021 1 minute read 6 comments Defiant Pathfinder

Token staking and farming are trending these days. With crypto currencies like Bitcoin, Proof of Work is used and miners are rewarded for each block mined but on Tokens Proof of stake is used and investors are rewarded for staking their tokens to pro...

DeFi: Went Down the Rabbit Hole... Happily Ever After?!

13 Oct 2020 5 minute read 6 comments tomoyan

I don't know how many people did this but I went down the hole couple weeks ago 👇 DeFi: Went Down the Rabbit Hole and Look What I Found ($50?!) And this is the result... which was supposed to be announced LAST WEEK. Rabbit Hole was working on improve...

LEND Migration, AMPL & BAL Liquidity Pools

12 Oct 2020 3 minute read 2 comments Cryptoonestop

Twitter | Facebook | Reddit | YouTube | LBRY | Patreon | Store Front Disclaimer: Nothing in this report constitutes investment advice—I am just reporting on my accounts and its progress on each platform. You should not use this report to make financ...

Yield Farming dead on Tron TRX due to JustSwap changes ?

21 Jan 2021 1 minute read 2 comments kingscrown

  SUBSCRIBE TO CHANNEL NOW - http://fuk.io/yt - CLICK HERE TO SUBSCRIBE After changes on https://justswap.io/ you can only trade 10 verified tokens like ETH ethereum, Bitcoin BTC, Bittorrent, HuobiToken HT, SUN token, DICE and some others. All farms...

Bears still tightening the grip on Aave & Uniswap

16 Jun 2021 1 minute read 5 comments Defiant Pathfinder

Recently the crypto market has been showing some bullish signs and we saw Bitcoin trading above $40.000 and the other altcoins responded but now from the previous day the global market capitalization is down -2.77%. Aave Aave is trading on the area w...