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.


E&S Token Review: Aave

15 Nov 2020 3 minute read 2 comments MikeZillo

In the amazing growth of the various DeFi protocols in the first half of 2020, many new tokens made it into the top 100 by market capitalization. In this new article of my new: “Easy & Short Cryptocurrencies Made Accessible” section, I want to introd...

Attractive trading pairs for Liquidity Providers (LP) on Uniswap

6 Jan 2021 3 minute read 0 comments daniejjimenez

The rise of decentralized 'DeFi' finance in the market for cryptocurrencies leveraged on decentralized exchanges has been a real explosion over the past few months. According to DeFiPulse, this sector has already passed the barrier of USD 20 billion...

Balancer is the Fastest-Growing DeFi Platform since June 1

7 Jul 2020 1 minute read 1 comment Abhimanyu Krishnan

Head of cryptocurrency investment fund DTCC Capital Spencer Noon posted a tweet on July 7 that underscores the growth that the defi market has experienced in June, with numerous protocols displaying tremendous growth since June 1. The data can also b...

Changes to Yield Farming with Aave on Polygon #DeFiforAll Phase 2

20 Jun 2021 1 minute read 0 comments CryptoSimp

Among the emerging Layer 2 protocols on Ethereum, Polygon gained huge momentum in April and May 2021. Recently, Polygon has been a friendly environment for retail investors, featuring miniscule gas fees and fast transaction times. It brought over $1...

WHAT IS AAVE ABOUT?

4 May 2021 3 minute read 0 comments PorshDan

When I saw AAVE, the first thing that came in mind was African American Vernacular English which is not grammatical in standard English. Occasionally as (Ebonics), simply as Black English (BE), is the variety if English natively spoken, particularly...

Make the most of DeFi, safely

16 Nov 2020 1 minute read 0 comments whattheclap

I've been fiddling around with Ethereum dApps for some time now, trying to find the best ways to grow my holdings. I haven't done everything, but hopefully these suggestions could help you out. 1. Lending cryptocurrency on "money markets" Probably th...

Technical Analysis: Aave 22/11/2020

22 Nov 2020 1 minute read 0 comments Crypto Army

Aave reached approximately 82$ after starting ascending since the 5th of November, breaking all previous resistance levels, and aiming to reach ATH again. In this article we are going to discuss Aave's Technical analysis, possible targets, support li...

AAVE, The Shining Star Of The DEFI Market...

29 Nov 2020 1 minute read 1 comment Nas.A

  AAVE, The Shining Star Of The DEFI Market...        I gave information about AAVE in my article dated 11 November. I will talk about the developments in the past time. I will also make an important reminder.      AAVE is one of the most important p...

Ethereum 2.0, AAVE, Davos, CBDC, EFTs, Chiliz & Lockeroom e 37000$ con gli NFT per il 18° Compleanno

25 Jan 2021 1 minute read 0 comments dexpartacus

Quest'oggi tante novità provenienti dalla Crypto Sfera assieme a Rick & Maicah! Di seguito i momenti chiave: 0:16 Mercato di oggi2:32 Davos4:14 Ethereum 2.07:33 Aave7:58 CBDC9:00 Chiliz, Socios e Lockeroom11:00 ETF13:06 NFT Links di riferimento: Dav...

The BEST Crypto Lending Platforms

5 Jan 2021 1 minute read 0 comments Makingdigital

This year 2021 is going to strongly break into the cryptocurrency market due to the advancement of Dapps and decentralized platforms that act as digital banks to offer instant microloans. We found two types of platforms that offer loans with cryptocu...