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.


Two Eth-based currencies with great potential

18 Feb 2020 2 minute read 0 comments Roberto D.

The best cryptocurrencies of the moment based on Ethereum   There is also Ethereum among the best cryptocurrencies of February. Thanks to the driving force of Bitcoin, Ethereum, the second cryptocurrency by capitalization level, has also managed to r...

ETHLend (LEND) Crypto Project | Get a crypto loan without selling your cryptocurrencies

3 Feb 2020 1 minute read 1 comment NassiroV

Image Source ETHLend is an innovative platform for making loans between individuals. It is a DAPP, a decentralized application, which runs on the Ethereum blockchain. The initial goal of the developers is to allow the users to access the loans and s...

After Taking More Than 168% Bullish Divergence EthLend Has Competed Another Bullish Setup For Upto 33% Bullish Move

3 Jan 2020 1 minute read 0 comments moon333

Recently In Bitcoin's market we have seen the price action of EthLend has taken strong bullish divergence and made more than 168% bullish move in the meanwhile the price action was not giving any chance to traders to enter in trade coz for last 4 day...

[Bounty] LendBTC Decentralized Lending YOUTUBERS BOUNTY 200,000 Token in Pool In

19 Dec 2018 1 minute read 0 comments blogger

  WEBSITE  |  ANN Thread  |  YOUTUBE  |  TWITTER  |  WHITEPAPER   Bounty DetailsLendBTC is starting up their new bounty campaign, which will end after token listed. To find out more about their project, you can follow the links above.There will be 20...

LendBTC is now live!!! get token now early birds

17 Dec 2018 1 minute read 0 comments blogger

To list LBTC on coinmerketcap they need two exchange. They will use one of this exchange to add with mercatox.  Crex24.com List fee 0.5 btcP2pb2b.io List fee 1btc and 1 btc after listingStex.com List fee 0.5 btc They are going to auction 400,000 LBT...

$AAVE is now available in the Aave Market

21 Oct 2020 1 minute read 0 comments Daveyy

$AAVE is now available to be deposited and used as collateral in the Aave Market. Check it out: https://app.aave.com/ Right now you can earn with 20 (stable)coins/tokens, like ETH, DAI and WBTC. With sUSD being at 26% APY right now.   Not a member of...

Aave Defi will be gone $1 soon before ETH 2.0 .Let's have review

3 Aug 2020 1 minute read 0 comments Kavi

video credit: crypto ride   Aave Defi has recently shown amazing performance in defi market . The price has climbed from $0.05 to $0.315 in last 3 months .it is being traded on many big exchanges like binance ,poloniex ,hitbtc .Let's have quick revi...