Latest Posts with Aave (LEND) tag

Aave (LEND)

248 Articles 20,628 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.


DeFi Tops $7B

27 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

The Total Value Locked in (TVL) in the DeFi space has crossed $7 billion on August 27, showing no signs of stopping as several new protocols, data aggregators and yield farming platforms emerge. Already experiencing healthy growth in early 2020, the...

AAVE & COMP are has-beens - To be replaced by FOR & XVS

17 Jan 2021 1 minute read 2 comments Cryptofab

What is the minimum amount of investment to really make money on Aave and Compound protocols if you take into account gas fees? Below 10k bucks, it is not even worth it. If you want to invest less than that into DeFi, the Binance Smart Chain will all...

What alts do I trade?

5 Apr 2020 2 minute read 2 comments MadMaxx

Ever since I put up my telegram username for someone to contact me, I've gotten a fair few questions about what alts I'm trading. I have created this post to give that information out to everyone who wishes to know.  Now I won't be giving ALL of the...

Top 5 Cryptocurrency Movers for January 4, 2021

5 Jan 2021 2 minute read 1 comment JakeB

Welcome to “Top 5 Cryptocurrency Movers” where I look at all the major crypto coins on the market and choose the five that made the biggest move (either positive or negative) on this day, explaining my thoughts why the move happened, as well as the h...

Aave Adds Support for Enjin and REN, and Brings Fiat Onramps

17 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

On July 17, DeFi lending and borrowing platform Aave (LEND) announced several new changes to its platform, including listing the Enjin (ENJ) and Ren (REN) assets. In addition, it has introduced fiat onramps and updates to its risk parameters.  The a...

Aave Cryptocurrency (AAVE) Analysis

25 Jan 2021 1 minute read 0 comments Ayman Khalil

Our view of the Aave Cryptocurrency (AAVE) is continuing the uptrend direction that we predicted before.   If you missed the last (AAVE) article you could read it here >>> Aave Cryptocurrency (AAVE) Analysis>>>18 Jan 2021   Let's view the amazing (AA...

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...

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...

$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...

SUPER RUNNING COIN towards the next step

12 Nov 2020 1 minute read 2 comments Coincobra

Hello people. Do you know the crypto Super Running Coin (SRC)? It is crypto and based on the Ethereum Blockchain. For this reason, it provides security and reliability in financial transactions and can be traded at any time, by anyone and anywhere. M...