Latest Posts with Aave (LEND) tag

Aave (LEND)

203 Articles 11,285 Followers

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.


Muscovite Product Release

12 Jul 2020 1 minute read 1 comment Synthetix Network

This post is another entry in our regular series in which we fill you in twice a month on all the front-end updates we’ve made across our dApps and website. Stay tuned for more updates!   COMP, LEND, KNC, and REN are now available as binary options...

Aave (LEND) Launches Unsecured P2P Loans, LEND / USDT Drops After Meeting Resistance

11 Jul 2020 1 minute read 0 comments PassionCryptodotcom

Loan Protocol Aave has rolled out a new service on Ethereum which allows users to take out unsecured loans.  Users who deposit an asset on Aave can now "delegate" a line of credit to another person. The parties involved in the process must sign a le...

Aave Launches Trusted Uncollateralized Loans Through New Feature Credit Delegation

8 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

In a twitter post published on July 7, founder and CEO of decentralized lending and borrowing protocol Aave Stani Kulechov revealed a new feature called Credit Delegation, which lets users borrow on the Aave platform without posting collateral. Aave...

Balancer is the Fastest-Growing DeFi Platform since June 1

7 Jul 2020 1 minute read 1 comment Abhimanyu Krishnan

Head of cryptocurrency investment fund DTCC Capital Spencer Noon posted a tweet on July 7 that underscores the growth that the defi market has experienced in June, with numerous protocols displaying tremendous growth since June 1. The data can also b...

Basic Atention Token & AAVE (LEND) could generate gigantic GAINS against BTC.

6 Jul 2020 3 minute read 2 comments Crypto adict (Manu VZ)

Hello family, today we will analyze the behavior in the following weeks of, BAT & AAVE. BAT / BTC Basic Attention Token Coin # 32 in the Coinmarketcap ranking with a total market capitalization of 40,368 BTC and a Volume for the last 24 hours of 8317...

Top Whales Picks in June ($LEND, $REN, $ZRX)

26 Jun 2020 1 minute read 0 comments Yasin

According to the crypto analytics company Santiment, whales; aggressively buys Ren (REN), Aave (LEND) and 0x (ZRX) coins. As is known, Santiment uses a metric that measures the amount of token held by off-exchange accounts also known as whales. A sta...

THE CRYPTOCURRENCIES STRATIS, FLEXACOIN, AAVE, CHILIZ ARE SOEARING IN PRICE - ALTCOIN

19 Jun 2020 1 minute read 0 comments Digital Asset Culture - YouTube Channel - France

Hello everyone Here is my new video about the RECENT Crypto which are soaring : CHZ, Stratis, Felxacoin, Aave :       CLICK HERE here to  Install  BRAVE Browser  and Be REWARDED In BAT CRYPTOCURRENCY Everyday for FREE (on your PC and your Android) h...

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...