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.


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 7 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...

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...