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.


Aave open source and non-custodial protocol

3 Jun 2021 4 minute read 7 comments Heath Muchena

Aave is one of the most popular platforms in the cryptocurrency world of decentralized finance (DeFi). It allows you to lend and borrow numerous cryptocurrencies without a third party. It also lets you temporarily borrow over a billion dollars of cry...

What are Governance Tokens and how do they operate?

26 May 2021 2 minute read 3 comments Defiant Pathfinder

Hi fellas hope i find you well, and for those who are new to my Blog welcome. In this article i am going to explain what are governance token and how they are used. What are Governance Tokens? These are coins created by the developers of a certain pr...

E&S: Aave, the money market protocol

22 Nov 2020 4 minute read 0 comments MikeZillo

Hi Publish0x community, welcome back to this second article dedicated to Aave! We are again in my new “Easy and Short. Cryptocurrency made accessible” section, created with the aim of introducing the reader to many tokens (often hidden from the spotl...

Token types to analyse and Invest on

8 Jun 2021 1 minute read 6 comments Defiant Pathfinder

When investing its not all about buying and storing or staking tokens. You have to select, analyze and diversify your portfolio. Imagine you invest only in the Meme tokens and then after keeping them for years you then discover they do not have much...

Top 4 Decentralized Finance Tokens with a Brighter Future

1 May 2021 2 minute read 1 comment Defiant Pathfinder

Altcoins has dominated the Crypto currencies market for a decade now but the tables seem to be turning now as there is another challenger in the ring. Decentralized Finance (DeFi) Tokens re now making headlines and the rate of  adoption is overwhelmi...

Accurate Analysis And Gain...

17 Feb 2021 1 minute read 4 comments Nas.A

  Hello to my friends who love life and keep smiling despite all negativity. In this article, I will talk about the Performance Of Cryptocurrencies that I have informed you in my previous articles. Let's see if we made any money. I will not make a re...

7 stablecoins farming strategies to earn up to 54% APY on polygon

18 May 2021 5 minute read 7 comments Chris Chen

Since polygon chain has launched only a couple months ago, the governance has been incentivizing the exchanges and DEX with MATIC tokens. There are many tokens you can use to farm these incentive rewards, however, I am a conservative investor and lik...

Bitcoin + Ethreum = Wrapped Bitcoin

25 Nov 2020 1 minute read 1 comment Coincobra

Wrapped Bitcoin is Ethereum's Bitcoin. In fact wBTC is the largest tokenized ERC-20 asset that is currently traded on the Ethereum blockchain. Therefore, it is the version of the BTC in Ethereum in the DeFi ecosystem. This Token is already listed on...

AMPL One Step Closer to Aave

18 Jan 2021 1 minute read 6 comments Abhimanyu Krishnan

Ampleforth (AMPL) co-founder Brandon Iles has provided an update on the listing of AMPL on Aave. In a post made on Jan. 15, Iles said that a formal AIP had been created and that initial testing is underway. Brandon Iles first suggested the addition...

DeFI Diaries#2- COMPOUND Finance: What makes it so special?

11 Aug 2020 2 minute read 0 comments SamBTC

These days DeFI is the buzzword in crypto space and new DeFi projects seem to be popping up each day. In this series called “DeFI Diaries” I will be reviewing the more popular options in DeFI as per my experience using them. I recently made a post on...