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.


Aave is becoming fully decentralized

29 Jul 2020 1 minute read 6 comments cryptouf

AAve never stops !  Few days after the release of Credit Delegation (CD) they are launching something new ! and this is amazing    A lot of Defi protocols are now trying to become fully decentralized and give governance power to their users.Aave is n...

Is It Too Late To Catch AAVE DeFi Lend Token After Surge? Watch Bullish Reversal Move For Next Rally

26 Jul 2020 2 minute read 0 comments moon333

Hey, friends hope you are well and welcome to the new update on Aave token. This token has surged more than 2100% since after November 2019. If we place the simple moving averages with the time period of 25,50,100 and 200 and move back to Nov 2019 th...

For All Things DeFI - Follow These Crypto Twitter Accounts

25 Jul 2020 1 minute read 12 comments Bragato18

Decentralised Finance (DeFi) is all the rage in the Cryptoverse. So here are 9 Crypto Twitter accounts worth following if you would like to keep updated on what is happening in DeFi. #1 Camila Russo @CamiRusso Chiefess at Defiant News, a DeFi news...

The 10 best DeFi Tokens in 2020

19 Jul 2020 1 minute read 0 comments Overmind

Q2 was DeFi Season  äextremely DeFined and centralized by DeFi tokens. The price return (PR) of 4 out 5 DeFi tokens was higher than any other of the Big 5  crypto currencies. Here, i show you the best 10 performing DeFi tokens. Image Source: https:/...

Aave Launches New Features and Listings

17 Jul 2020 4 minute read 15 comments Aave

  The Aave team has been hard at work to provide new features and assets in the protocol for the Aave Fam! As always, synergies within the ecosystem and brand new functionalities are on the menu this week. We’re happy to introduce new risk parameter...

DeFi Index On FTX At All Time Highs!

17 Jul 2020 2 minute read 1 comment Sapphire

Spreading The Risk In one of my recent posts "FTX And Their New DeFi Index - Gain Exposure To The Top 11 DeFi Projects!", I made mention of the benefits of investing in an index when it comes to a new asset class such as DeFi. We had a look at the ne...

Aave Adds Support for Enjin and REN, and Brings Fiat Onramps

17 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

On July 17, DeFi lending and borrowing platform Aave (LEND) announced several new changes to its platform, including listing the Enjin (ENJ) and Ren (REN) assets. In addition, it has introduced fiat onramps and updates to its risk parameters.  The a...

DeFi Platform Aave's Strategic Investors Deepen Collaboration as Investment Raises $4 million

16 Jul 2020 1 minute read 1 comment Abhimanyu Krishnan

Lending platform Aave has announced a series of ways in which strategic investors 3 Arrows Capital and Framework Ventures will aid in its decentralization and growth, according to a blog post published on July 15.The two strategic investors have nett...

Aave Tokens Are Not Tracked On CoinMarketCap

15 Jul 2020 2 minute read 0 comments Creepto

Disclaimer: I do not represent, nor get compensated by any of the companies or projects mentioned in this article. I do not recommend using any of the products mentioned here - please do your own due diligence before risking your hard-earned money. A...

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...