Latest Posts with Aave (LEND) tag

Aave (LEND)

262 Articles 24,363 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.


AMPL on Aave is a Win-Win for (Almost) Everyone

4 Jan 2021 4 minute read 6 comments Chenhuang_defi

While exploring the cryptoverse I recently stumbled upon this pretty old (in crypto terms) thread on Aave which sparked a snowball of thoughts that I just had to share in this piece. The above thread is a proposal for Aave to support $AMPL as a coll...

Aave Launches New Features and Listings

17 Jul 2020 4 minute read 15 comments Aave

  The Aave team has been hard at work to provide new features and assets in the protocol for the Aave Fam! As always, synergies within the ecosystem and brand new functionalities are on the menu this week. We’re happy to introduce new risk parameter...

5 Most Important DeFi Breakthroughs of Q3 2020

17 Sep 2020 8 minute read 9 comments yourmitchy

DeFi continues to grow at an unprecedented pace, and its very difficult to keep up with the crucial breakthroughs occurring. As a result, I wanted to weed out the most important breakthroughs that we have witnessed in Q3 that are bound to take the en...

The Aave Protocol V2

4 Dec 2020 6 minute read 8 comments Aave

It’s the moment we’ve all been waiting for… V2 of the Aave Protocol on mainnet! The Aave Protocol V1 launched at the beginning of this year, with the goal of unlocking value in DeFi and improving the user experience. The protocol quickly grew to over...

DEFI Storm Is Approaching…

8 Jul 2021 1 minute read 10 comments Nas.A

  Hello to my friends who love life and always smile despite all kinds of negativity. In these days of negative news, Bitcoin is moving in a narrow band. Meanwhile, news about positive developments on the side of Ethereum and DEFI began to come. Let'...

$YLD About to Eat $AAVE's Lunch

25 Feb 2021 3 minute read 5 comments kevW!ls0n

Few realize the amount of idle ERC-20 capital just sitting on the sidelines, watching all the Stablecoins, Ether, Wrapped Bitcoin, and “Blue Chip” alts get utilized in DeFi lending platforms like Aave and Compound.  Sure, these assets have a lot of l...

The ECB prepares its "digital euro".

3 Oct 2020 4 minute read 21 comments Roberto D.

Central banks have been thinking about this for quite some time. A digital currency under their control that pushes the countless electronic currencies that have proliferated over the last decade to the margins. A day ago, the European Central Bank a...

DeFi Lending Alternatives to AAVE & COMPOUND

27 Jan 2021 3 minute read 7 comments Brawnd0

While AAVE and Compound shine bright in their deserved glory, there are smaller competitors out there working on getting a piece of the DeFi lending cake for themselves.  Just like in the real world, there are a ton of firms doing the same thing on t...

The State of Crypto: The Highest Gains for January 16, 2021

16 Jan 2021 6 minute read 11 comments bettercallpaul

The State of Crypto: The Highest Gains for January 16, 2021 by W. Paul Alexander for Better Call Paul Blog See my latest article here: --->  January 19, 2021 - Alt Season Picks up Steam!

There’s Big Money In AMPL ft. AAVE

15 Mar 2021 3 minute read 5 comments Chenhuang_defi

$AMPL getting featured on Aave is inevitable, we already know that. But do you know how much money this will bring to $AMPL?  Let me fill you in on a little secret. It’s BIG, really BIG.  Here’s how I know: You know the Coinbase effect, right? When a...