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.


Bears are Not Done Yet with MAKER & Aave

3 Jun 2021 1 minute read 12 comments Defiant Pathfinder

If you don't look beyond those bullish candles you might be fooled and thing that its a bullish reversal on Aave and Farm token. The market is stil in the hands of the bears maybe they might be losing steam but they still holding on to that grip. Rev...

Aave will launch solution for the high transaction fees of the Ethereum network

3 Apr 2021 1 minute read 6 comments Simplify Crypto

The DeFi Aave platform has developed a second layer solution for Ethereum Polygon. With the project underway, Aave intends to solve the problem of congestion and high rates on the Ethereum network. The announcement was made in an article on the Polyg...

There’s Big Money In AMPL ft. AAVE

15 Mar 2021 3 minute read 5 comments Chenhuang_defi

$AMPL getting featured on Aave is inevitable, we already know that. But do you know how much money this will bring to $AMPL?  Let me fill you in on a little secret. It’s BIG, really BIG.  Here’s how I know: You know the Coinbase effect, right? When a...

Will the DeFi Tokens dominate the Crypto Market

17 May 2021 1 minute read 2 comments Defiant Pathfinder

The DeFi is making headlines these days as we see new  tokens being introduced each and everyday. Numbers do not lie we can see that if we check the capitalization of all DeFi tokens. The current capitalization is $129,701,145,619 and this shows that...

Top 4 DeFi Analysis: Uniswap, Chainlink, Wrapped Bitcoin & Aave

22 May 2021 1 minute read 0 comments Defiant Pathfinder

Hi i am back again and today i decided to analyze the top 4 Decentralized Finance token to see what is their current position and their future. I selected the top 4 ranked with market capitalization, so i am going to share my thoughts and you are wel...

Index Coop DAO - Vox Populi, Vox Dei!

13 May 2021 3 minute read 8 comments PVMihalache

Vox Populi, Vox Dei! The voice of the people must be heard and no better way to do this than a DAO! The Index decentralized autonomous organization needs the involvment of Index Owls to take part in proposals and vote for the development of the organ...

Reading to coffee #6

13 Jan 2021 1 minute read 4 comments andrej

Welcome to sixth episode of reading to coffee.  Today topic is: INTERNET   1. Every day there is send more than 300 billions of e-mails. About 97% of them are spam. 2.  Internet is 11630 days old (today 13.1.2020) 3. YouTube upload to internet ever...

Where to Put Your ETH & Stablecoins to Make You Money While You Sleep?

13 Oct 2020 6 minute read 29 comments Chenhuang_defi

Unlike the banking world, cryptocurrency platforms offer you quite lucrative returns on any deposits that you put inside a specific protocol.Typically, you would be lucky if a bank would provide you with an interest rate above 0.5% in today’s climate...

Bitcoin + Ethreum = Wrapped Bitcoin

25 Nov 2020 1 minute read 1 comment Coincobra

Wrapped Bitcoin is Ethereum's Bitcoin. In fact wBTC is the largest tokenized ERC-20 asset that is currently traded on the Ethereum blockchain. Therefore, it is the version of the BTC in Ethereum in the DeFi ecosystem. This Token is already listed on...

What is DeFi?

7 Mar 2021 2 minute read 7 comments chris04

DeFi is the acronym for Decentralized Finance or the offer of a series of financial services, which by exploiting the potential of platforms and protocols that allow the automatic execution of smart contracts (Erc-20 or BEP20), eliminate financial in...