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.


Impermanent Loss Liquidity Pools Explained and How to cope with it

13 Jun 2021 1 minute read 9 comments Defiant Pathfinder

DeFi and Yield Farming are getting popular each and every day as investor are depositing their tokens into liquidity pools so that they can get as many tokens as they can. There is what called impermanent loss and most investors do not pay attention...

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

19 Jun 2021 5 minute read 4 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...

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

13 Jun 2021 1 minute read 5 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...

Bears still tightening the grip on Aave & Uniswap

16 Jun 2021 1 minute read 5 comments Defiant Pathfinder

Recently the crypto market has been showing some bullish signs and we saw Bitcoin trading above $40.000 and the other altcoins responded but now from the previous day the global market capitalization is down -2.77%. Aave Aave is trading on the area w...

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...

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...

Ethereum based DeFi and Smart Contracts Empowering Ethereum

7 Jun 2021 1 minute read 8 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...

Changes to Yield Farming with Aave on Polygon #DeFiforAll Phase 2

20 Jun 2021 1 minute read 0 comments CryptoSimp

Among the emerging Layer 2 protocols on Ethereum, Polygon gained huge momentum in April and May 2021. Recently, Polygon has been a friendly environment for retail investors, featuring miniscule gas fees and fast transaction times. It brought over $1...

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...

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...