Latest Posts with Aave (LEND) tag

Aave (LEND)

93 Articles 94 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.


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27 Sep 2020 11 minute read 20 comments busyjordy

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23 Sep 2020 1 minute read 1 comment Zethyr Exchange

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21 Sep 2020 4 minute read 10 comments Djordi

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Most Undervalued AAVE (LEND)

20 Sep 2020 1 minute read 0 comments Venkatz

DeFi  The Term we Are hearing all over the Crypto world Recently. Because the DeFi Projects are glowing in the Recent Trends. Main theme of DeFi is (Lend)ing  Borrowing, Staking, Getting Rewards for Providing Liquidity Pool(LP).   Now we are going to...

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17 Sep 2020 8 minute read 9 comments yourmitchy

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Huobi Global DeFi Alliance Adds 10 New Members, Including Aave, Balancer, Curve and Synthetix

15 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan

Huobi’s consortium of DeFi entities, the Huobi Global DeFi Alliance, welcomed 10 new members on September 15, according to a CoinTelegraph report. The new members include some of the biggest names in the DeFi space, such as Aave and Curve Finance. ...

Why my BAT is Sitting on AAVE

15 Sep 2020 1 minute read 2 comments SupportiveNormie

Like every other active reader here, I have at least a small amount of BAT saved up. I decided after reading a few posts here on Publish0x and some research elsewhere that temporarily parking my tokens on Aave was a good idea, and this has been my ex...

Two of my biggest mistakes in my crypto journey so far ! Selling ETHLend/AAVE and going into an ICO scam called CryptAssist.

13 Sep 2020 4 minute read 15 comments Djordi

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9 Sep 2020 2 minute read 23 comments Sapphire

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Reasons Why Aave (LEND) is the NextGen DeFi App Home

5 Sep 2020 2 minute read 1 comment Cryptofivers

Decentralized finance (DeFi) is reshaping the crypto world. Aave has taken the bold step to pave way for the next generation DeFi applications. The platform innovative features will discern any decentralized finance goer. The digital money market has...