Latest Posts with Aave (LEND) tag

Aave (LEND)

216 Articles 14,530 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.


Grayscale looks to introduce more crypto investment products for institutional investors to invest on

1 Feb 2021 1 minute read 2 comments Greenchic

Image SourceInstitutional investors did set Bitcoin’s price booming lately and their entry into Bitcoin investments were facilitated by Grayscale, a digital asset management company. Till now Grayscale was a popular vehicle through which institution...

Five Biggest Altcoin Gainers From January 18th to 25th

28 Jan 2021 3 minute read 7 comments pheonixdown-dee

The UNI altcoin is very close to reaching an all-time high price and should do so shortly. Both FTM and ALPHA have reached new all-time highs but are likely approaching or have reached a local top. AAVE has been consistently reaching new highs since...

These are the Top 10 DeFi Projects (tokens & coins)

27 Sep 2020 11 minute read 20 comments busyjordy

There’s a lot of buzz surrounding DeFi cryptocurrencies right now and I’m going to give you a quick break down on what they are and their purpose.   DeFi is short for Decentralised Finance and it’s a pretty broad term, but the key thing is that most...

DeFi Mini Course: Part 1, Wallet Setup for DeFi

16 Feb 2021 6 minute read 2 comments Pinotio.com

About the Mini-Course This is a learn-by-doing mini-course in decentralised finance (DeFi). The idea is to let you explore how decentralised finance works and how to make (or lose!) money in decentralised finance. Each part of the course will include...

AAVE & COMP are has-beens - To be replaced by FOR & XVS

17 Jan 2021 1 minute read 2 comments Cryptofab

What is the minimum amount of investment to really make money on Aave and Compound protocols if you take into account gas fees? Below 10k bucks, it is not even worth it. If you want to invest less than that into DeFi, the Binance Smart Chain will all...

What is Axie infinity?

27 Jan 2021 1 minute read 3 comments NFT ROOM

Welcome to another post about collectibles and gaming! Inspired by the Pokémon saga, Axie Infinity might be the biggest Pay-to-Win-to-Earn right now, with characters that sell as high as 300ETH and a growing community that has already reached the 19...

Muscovite Product Release

12 Jul 2020 1 minute read 1 comment Synthetix Network

This post is another entry in our regular series in which we fill you in twice a month on all the front-end updates we’ve made across our dApps and website. Stay tuned for more updates!   COMP, LEND, KNC, and REN are now available as binary options...

AAVE Maria 🙏🏻👻 (🇬🇧)

8 Feb 2021 1 minute read 4 comments TL;DR

Is AAVE set to break out to over $5,000? #Crypto #Cryptocurrency #Trade #Trading #SwingTrading We all know where we can find #AAVE 's fundamentals so let's have a quick flip through the #TA : Bearish 🐻: Recent #DoubleTop Recent Bearish #EngulfingP...

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...

Coinbase Lists Three New Ethereum Tokens

16 Dec 2020 1 minute read 1 comment CryptoVS

Coinbase Adds Three New Ethereum Tokens :  Aave (AAVE) Bancor (BNT) and Synthetix (SNX) all became available for purchase on Coinbase Tuesday 12/15/20 . Usually we see an upswing in a Tokens price when Coinbase adds them to their marketplace, but thi...