Latest Posts with Aave (LEND) tag

Aave (LEND)

262 Articles 24,606 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.


Ampleforth Protocol Expands with AAVE & MIST Integrations

23 Jul 2021 2 minute read 0 comments zacharias

23 July 2021:  It is finally here.  Not only is Ampleforth multichain across Ethereum, Binance, & Matic, but it is now finally integrated with Aave lending & also Alchemist (MIST).  The integration with Alchemist & what MIST is will be the topic of a...

Crypto Lending Update (July 2021)

6 Jul 2021 2 minute read 0 comments CryptoStudio

In a nutshell: After the sharp decline in May, the entire crypto market mainly traded in a volatile sideways trend. Despite the high volatility, crypto lending rates remained mainly stable across most platforms. This article series shows you the main...

Are they ready to BreakFree yet: Aave & UNI

24 Jul 2021 1 minute read 1 comment Defiant Pathfinder

All crypto has taken a beating when China and Musk issued their statements and Cryptocurrencies and Bitcoin but we all know that news is only a catalyst,m it just speed up the technical analysis processes and respects all the chart patterns. We have...

Time to BUY ! Coins showing bullish divergences $$$

18 Jun 2021 1 minute read 0 comments F Sharp

Bitcoin Bitcoin is finding support for now. Flashing some reversal signals for the short term. I'm currently long now and adding, in case we hit my 36k targets. Ethereum I'm buying long term in the 2200's & below. My Eth contract trade- I'm building...

Main Difference Between Token Farming & Token Staking

25 Jun 2021 1 minute read 8 comments Defiant Pathfinder

Farming and Staking are 2 different things and they both have different characteristics which distinguish them from each other. Lets do a breakdown analysis and see how they differ. They differ in what ways exactly? Farming or Token Yield Farming is...

Ethereum based DeFi and Smart Contracts Empowering Ethereum

7 Jun 2021 1 minute read 9 comments Defiant Pathfinder

There is no doubt that Ethereum has become the biggest crypto currency now. Bitcoin might be on top and dominates more than Ethereum but if we are to look at services being provided then Ethereum will win. Bitcoin is just used as a currency but Ether...

Top Coins Technical Analysis June'21 | BTC, ETH, ADA, DOGE, XRP, SOL, UNI, LTC

5 Jul 2021 1 minute read 0 comments busyjordy

CRYPTO CORNER EPISODE 263 Market Analysis, Updates, News & Reviews In today's episode: Top Mcap Coins Technical Analysis ►Bitcoin (BTC) 7:36 ►Ethereum (ETH) 10:39 ►Cardano (ADA) 13:16 ►AAVE 15:05 ►DOGE Coin 16:20 ►Litecoin (LTC) 18:07 ►Solana (SOL) 1...

Decentralized Finance Which Fought their way UP

30 May 2021 2 minute read 2 comments Defiant Pathfinder

It is so exciting Seeing how Decentralized Finance (DeFi) fought their way to the top. Its no lie that DeFi is making headlines these days as investors and traders are now much into it. How Did they Manage to Do So Back in the days even up to now inv...

Technical and Price Analysis- MKR, AAVE, DOT, LINK, SNX- JUN 13, 2021

13 Jun 2021 1 minute read 6 comments Hsksks

We all want to know the next best altcoin. Some of the contenders are MakerDAO, Aave, Polkadot, Chainlink and Synthetix. MKR MakerDAO envisions to make Stablecoin ecosystem mainstream. The market price stood at $2,980.2 at 3:15 AM UTC. It has a gain...

Aave Founder Announces Plans to Create Twitter on Ethereum this Year

19 Jul 2021 2 minute read 0 comments FxCryptoNews

Stank Kulechov, founder and CEO of Aave, stated that the DeFi platform plans to establish a Twitter alternative on Ethereum this year. Through this platform, users can monetize their content and manage network rules. Kulechov wants Content Creators t...