Aave (AAVE)
$ 157.7197
Capitalization
Volume
Use Case
Token Supply
Token Supply
Characteristic
About Aave
Aave (previously LEND) is an open source and non-custodial protocol enabling the creation of money markets. Users can earn interest on deposits and borrow assets. The Aave Protocol shifts Aave from a decentralized P2P lending strategy (direct loan relationship between lenders and borrowers, like in ETHLend) to a pool-based strategy. Lenders provide liquidity by depositing cryptocurrencies in a pool contract. Simultaneously, in the same contract, the pooled funds can be borrowed by placing a collateral. Loans do not need to be individually matched, instead they rely on the pooled funds, as well as the amounts borrowed and their collateral. This enables instant loans with characteristics based on the state of the pool. “Aave” is a Finnish word which translates to “ghost” in English, representing Aave’s focus of creating a transparent and open infrastructure for decentralized finance.
Latest Aave News View All
ARFC: GHO Genesis parameters
Aave V3 Ethereum Mainnet Launch
ARC: Aave V3 Retroactive Funding
Graduate & Internship Programmes - Aave
Ghosts & Frens (London): A Web3 meetup hosted by the Aave Companies
Cross-chain governance and open-sourcing the Aave UI
AMPL Becomes 100% Utilized on AAVE in Less Than 24 Hours
Latest Aave News View All
ARFC: GHO Genesis parameters
Aave V3 Ethereum Mainnet Launch
ARC: Aave V3 Retroactive Funding
Graduate & Internship Programmes - Aave
Ghosts & Frens (London): A Web3 meetup hosted by the Aave Companies
Cross-chain governance and open-sourcing the Aave UI
AMPL Becomes 100% Utilized on AAVE in Less Than 24 Hours
Aave Price
$ 157.7197
Capitalization
Volume
Use Case
Token Supply
Token Supply
Characteristic
About Aave
Aave (previously LEND) is an open source and non-custodial protocol enabling the creation of money markets. Users can earn interest on deposits and borrow assets. The Aave Protocol shifts Aave from a decentralized P2P lending strategy (direct loan relationship between lenders and borrowers, like in ETHLend) to a pool-based strategy. Lenders provide liquidity by depositing cryptocurrencies in a pool contract. Simultaneously, in the same contract, the pooled funds can be borrowed by placing a collateral. Loans do not need to be individually matched, instead they rely on the pooled funds, as well as the amounts borrowed and their collateral. This enables instant loans with characteristics based on the state of the pool. “Aave” is a Finnish word which translates to “ghost” in English, representing Aave’s focus of creating a transparent and open infrastructure for decentralized finance.