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.


Aave Coin should be known

7 Jun 2021 2 minute read 0 comments harshithpro

Introduction Aave is a decentralized peer-to-peer network and protocol. It is a public blockchains which provides a network for decentralized communication. The goal of Aave is to be the best communication platform in the world. Aave’s decentralized...

Aave open source and non-custodial protocol

3 Jun 2021 4 minute read 7 comments Heath Muchena

Aave is one of the most popular platforms in the cryptocurrency world of decentralized finance (DeFi). It allows you to lend and borrow numerous cryptocurrencies without a third party. It also lets you temporarily borrow over a billion dollars of cry...

What Is Aave Crypto? What Does AAVE Mean? Aave Price Today And Aave Crypto Price Prediction. How To Buy Aave Coins?

24 May 2021 5 minute read 7 comments StealthEX

Looking for information on what AAVE crypto is? Then you have come to the right place. AAVE price prediction and how to buy Aave coin on StealthEX? All this and much more in our new article. What Is Aave Crypto? Aave is an open-source, no custodian p...

Top 6 DeFi with the Highest Value of Locked Assets

27 May 2021 1 minute read 1 comment Defiant Pathfinder

Hi guys, welcome back to my blog and for those who are new you are welcome. There is no doubt that DeFi is now making too much noise and its demanding everyone's attention as people always wanted something which is fully decentralized, something whic...

7 stablecoins farming strategies to earn up to 54% APY on polygon

18 May 2021 5 minute read 7 comments Chris Chen

Since polygon chain has launched only a couple months ago, the governance has been incentivizing the exchanges and DEX with MATIC tokens. There are many tokens you can use to farm these incentive rewards, however, I am a conservative investor and lik...

AAVE x AMPL a Match Made in Heaven

19 Mar 2021 3 minute read 5 comments Brawnd0

Aave, originally called ETHLend, is considered to be one of the OG’s of the DeFi. It’s one of the top 3 DeFi projects by total value locked and it made it here by pushing the boundaries of what we can do with money, most notably including flash loans...

What Does Ethereum's Fail Mean for Other Big Alts?

28 Mar 2021 4 minute read 33 comments AlucardLife

Unless you've been under a rock, you know about the Ethereum Network's huge scaling fail. Optimism, the temp fix for the temp fix before Ethereum 2.0, was pushed back. It is now coming in July. We have yet to really see any price action in ether base...

When is the Best Time to invest into Yield Farming

29 May 2021 1 minute read 3 comments Defiant Pathfinder

I always say that its all about timing in crypto trading and investing. As the whole world is embracing the crypto currencies and some countries are even regulating the crypto exchanges so there are higher chances of crypto booming. What has to be do...

Going Long (or Short) with Aave

7 May 2021 3 minute read 1 comment RockHoward

In my recent log post about Aave I introduced the idea of borrowing for profit. In Play #1 I mapped out a safe and sure method to enhance interest earned. Today we take a look at how to leverage Aave (pun intended), to achieve various purposes by tak...

Top Things You Should Know About Aave (LEND)

13 May 2020 9 minute read 5 comments MuyAsk

Hey guys :) I’m back with another exciting Q&A piece for a crypto that’s been performing extremely well as of late – Aave (LEND). Aave is an innovative DeFi lending & borrowing protocol with a cryptocurrency token (LEND) which offer unique services s...