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.


DeFi Crushes BTC and Rises as AAVE Hits All Time High

24 Jan 2021 1 minute read 1 comment georgia86

  AAVE, the DeFi/lending/borrowing platform governance token has its new top The the total value of money locked in DeFi continues to soar, the price of AAVE continues to fly with it The magic of the decentralized body perforing the functions of a b...

LINK and AAVE To The Moon ...

24 Jan 2021 1 minute read 3 comments Nas.A

  Hello to my friends who love life and keep smiling despite all kinds of negativity. In this article, I will brief you on "CHAINLINK" and "AAVE". I have covered these two cryptocurrencies in previous articles. Leading cryptocurrency Bitcoin has been...

Yield Farming dead on Tron TRX due to JustSwap changes ?

21 Jan 2021 1 minute read 2 comments kingscrown

  SUBSCRIBE TO CHANNEL NOW - http://fuk.io/yt - CLICK HERE TO SUBSCRIBE After changes on https://justswap.io/ you can only trade 10 verified tokens like ETH ethereum, Bitcoin BTC, Bittorrent, HuobiToken HT, SUN token, DICE and some others. All farms...

Layer2 Coming Soon On Synthetix, Uniswap, Aave and Loopring

19 Jan 2021 2 minute read 7 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

If you are not large holders, it is not convenient to stake tokens on Ethereum's DeFi platforms because the gas is too high. Likewise, there is no incentive to provide liquidity. A scalability solution could come from "Layer2" that some platforms are...

Aave Cryptocurrency (AAVE) Analysis

18 Jan 2021 1 minute read 2 comments Ayman Khalil

Our view of the Aave Cryptocurrency (AAVE) is a very lucky coin that started at the right time, has all the opportunities to catch a great piece of the market cake in a very short time.   Let's view the amazing (AAVE) cryptocurrency’s history to unde...

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...

AAVE and GRT come to DeFiBids. Plus a $10K USDC Auction (The Biggest Yet).

17 Jan 2021 1 minute read 0 comments ShillzAndThrillz

Today brings the announcement of two new hot DeFi tokens making their debut over on the perpetual crypto auctioning platform that is DefiBids, in the form of the first ever lowest unique bid format auctions for both AAVE and GRT.  AAVE is the decentr...

Aave in Discussion of Risk Tranches for its Safety Module

11 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Governance members of decentralized lending protocol Aave (AAVE) may consider risk-based insurance packages as part of its safety module system, according to a discussion during a community call held on Jan. 8. The community call was celebrating Aav...

Attractive trading pairs for Liquidity Providers (LP) on Uniswap

6 Jan 2021 3 minute read 0 comments daniejjimenez

The rise of decentralized 'DeFi' finance in the market for cryptocurrencies leveraged on decentralized exchanges has been a real explosion over the past few months. According to DeFiPulse, this sector has already passed the barrier of USD 20 billion...

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...