Latest Posts with Aave (LEND) tag

Aave (LEND)

248 Articles 20,835 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.


POLYGON MATIC ECOSYSTEM AND ITS 5 STRONGEST PROJECTS !!

22 May 2021 3 minute read 1 comment Abrogo

After the impressive appreciation of Polygon, investors have turned their eyes to the projects that make life in this ecosystem. That is why we bring you a compilation of a series of interesting projects from this ecosystem so that you are the one to...

The Five Biggest Altcoin Gainers – May 10th to May 17th

17 May 2021 1 minute read 2 comments pheonixdown-dee

Please note, that these are projects in the top 100 marketcaps, there are others who have smaller marketcaps that also grew in value. During the week of May 10th to May 17th, these were the biggest altcoin gainers:   Revain (REV) – 108.5% Polygon (M...

3 Reasons Why You Should Read This Blog Before Investing in Crypto Tokens

19 Jun 2021 5 minute read 10 comments harshithpro

The cryptocurrency market has exploded into a frenzy of activity this year. In case you haven’t been following, the total market capitalisation of all crypto tokens is currently $240 billion, and the total market cap for all cryptocurrencies reached...

Ethereum Creeps on All-Time High After Smashing Through $1000 Threshold While Gas Fees Soar; BTC Hit Another All-Time High

6 Jan 2021 1 minute read 2 comments bettercallpaul

Ethereum Creeps on All-Time High After Smashing Through $1000 Threshold While Gas Fees Soar; BTC Hit Another All-Time High Good morning everyone!  Yesterday did not see me complete my normal update due to a doctor's appointment, but I wanted to t...

Maker Governance Community to Vote on Adding AAVE and Uniswap LP tokens as Collateral

8 Dec 2020 1 minute read 0 comments Abhimanyu Krishnan

The Maker Governance Facilitator added proposals to support AAVE and Uniswap LP tokens as collateral for generating DAI, according to a blog post published on Dec. 7. The three assets are under consideration are AAVE, and the Uniswap V2 DAI- ETH and...

Sin Eater -> Virtue Nibbler AAVE Transition Experiment

1 May 2021 1 minute read 2 comments Average Jo

Stage 1 (Fiat Debt Reduction) As part of my transformation from Sin Eater to Virtue Nibbler, I plan to lock it down with an AAVE experiment. For the purposes of this experiment, consider the Sin Eater as the one caught in Fiatville and the Virtue Ni...

Analysis on Aave, Uniswap & Ethereum

10 Jun 2021 1 minute read 4 comments Defiant Pathfinder

The market is still bearish and now it seems like it has hit support level and still gathering more strength to break below so that it sell off. I hope you know for price to increase demand has to be created first and when the big whales are satisfie...

Decentralised Finance

23 Apr 2021 3 minute read 1 comment jag28

Decentralised Finance, commonly referred to DeFi, is a branch of the cryptocurrency space geared towards providing open alternatives to the financial services we have in everyday life. The aim is to increase accessibility for services such as loans,...

DeFI Diaries#1- AAVE: Why is it Getting so Popular?

4 Aug 2020 2 minute read 3 comments SamBTC

Recently I had been focusing a lot on the different CeFI (Centralized Finance) platforms like Nexo, Crypto.com and Celsius. I found several advantages that these CeFI platforms offered compared to DeFI ones. Advantages of CeFI over DeFI #1 Steady Int...

Yielding Multiple Streams of Income with Defi

26 Aug 2020 2 minute read 2 comments bobby d!gital

Control your destiny or someone else will. This resonates deeply. Especially with this social economic paradigm shift that is taking place as I write.  If you haven't read any of my previous articles, you may want to.  I am attempting to hone my writ...