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.


The Aave protocol exceeds 100 million capitalization

17 Jun 2020 1 minute read 0 comments NassiroV

Image Source The DeFi ecosystem continues to develop on Ethereum. Aave is among the most impressive growth protocols since the start of 2020. The latter has just exceeded $ 100 million. Aave, a decentralized lending protocol on Ethereum Aave is a de...

Soon 18 new crypto assets on Coinbase?

12 Jun 2020 1 minute read 0 comments Panzer

Some good new for crypto traders, even if you like Coinbase or not.  Yesterday Coinbase started supporting Maker (MKR).  And Coinbase is currently reviewing 18 more new crypto assets to see if they meet the technical and regulatory standards to be in...

Crypto Loans - should you use your crypto as collateral or not?

9 Jun 2020 4 minute read 0 comments CKO

In the recent time, multiple fintech platforms offering crypto loan and earning programs were rising. Their core value they provide are loans backed up by crypto collateral - which means that you can borrow fiat money (mostly Euro or Dollar) if you d...

8 DeFi Projects I invested in recently

7 Jun 2020 2 minute read 4 comments Jakonfire

8 DeFi Projects I invested in recently I have already written an article about my different staking coins and I still think that staking is a good way to multiply your cryptos over a longer period of time.Another option is to use various DeFi tools a...

VALUE TAKEOVER HAS BEGUN / Ethereum DeFi on track to become a "liquidity black hole" - the most relevant in DeFi & stablecoins

6 Jun 2020 7 minute read 0 comments Crypto adict (Manu VZ)

                  THIS IS THE MOST RELEVANT IN DeFi & STABLECOINS   The data shows that the absorption of crypto assets into DeFi, mostly Ethereum-based apps, has already started.   According to the data site Defipulse.com, there is now a value of $...

A PREVIEW OF A FUTURE DeFi

6 Jun 2020 3 minute read 0 comments Crypto adict (Manu VZ)

Hacking Lending & Money Maker Protocol AaveOrganized by ETHGlobal, an organization focused on bringing users and developers into the Ethereum community, HackMoney Hackathon has attracted more than 50 projects that ran for $ 300,000 in prizes, by hack...

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...

4 Crypto Projects That Were Eating Dirt After 2018 Crash But Now They are Back

4 May 2020 9 minute read 8 comments CryptoChartWizard91

Howdy! Today I would like to discuss something extremely interesting that has popped up on my radar with a few certain coins.  The thing that these coins have in common is the fact that they were eating dirt during 2018 until late-2019 as they tanked...

Warning: Avoid Getting Scammed on Discord

26 Apr 2020 5 minute read 2 comments Creepto

TL;DR: scammers lurk in support channels, impersonate legit support people, and try to get you to transfer funds to them. Suspect and research anyone who contacts you uninvited. The other day, someone tried scamming me on a Discord support channel. I...

What alts do I trade?

5 Apr 2020 2 minute read 2 comments MadMaxx

Ever since I put up my telegram username for someone to contact me, I've gotten a fair few questions about what alts I'm trading. I have created this post to give that information out to everyone who wishes to know.  Now I won't be giving ALL of the...