Aave [OLD] current price is $1.940.


Aave [OLD] current price is $1.940 with a marketcap of $149.88 M. Its price is 7.57% up in last 24 hours.


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  • ethlend
    Aave [OLD] (LEND)
  • Live Price
    $1.940
  • 24h %
    7.57%
  • Market Cap
    $149.88 M
  • Volume
    $379,068
  • Available Supply
    77.33 M LEND
  • Rank
    117

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More Info About Coin

Aave is a decentralized lending platform that runs on Ethereum Network which offers secure, peer-to-peer lending Smart Contracts. Aave strives to break through the traditional bank loans system with a more efficient solution. Aave also uniquely allows a borrower and a lender to decide on important loan details that can eliminate the need of a middle man. Due to the elimination of middlemen, process fee for a loan does not exist on this platform. This provide convenience to any lender and borrower to create loans on their agreed terms. Decentralized lending has fixed many issues and one of the reasons why is the transparency of loan. The Ethereum network provides a transparent ledger where all transactions are available to be inspected. Secondly, it isn’t necessary to find a trusted loan provider because all collateral which is the digital asset for loans are stored and locked in a smart contract and broadcasted on the public ethereum blockchain. It is also flexible for borrower to manage the collateral by refilling or withdrawing part of it. Borrower may make such changes when the lender is notified and aware of such movement. If the lender finds out that the action is not communicated, the lender is allowed to initiate a margin call. This year, Aave has made a major upgrades in its Q1 2018. They have deployed the new development for their peer-to-peer lending application named Alpha 0.3. The development process of Alpha 0.3 has started since the early of 2017. The new release also includes a completely new user interface which targets to lower the learning curve of user experience on the app. Furthermore, the new user interface has new sections to make lending process simpler such as including a ‘My Loan’ section, collectible badges and more. Other than that, the team is also in the process of developing more updates for the smart contracts. Hence, the team has decided to provide zero-fee lending with the use of LEND token as a medium of exchange, as an alternative to borrowing in Ethereum. The purpose of this is to provide a cross-blockchain lending currency which will prompt users to use LEND as the medium of exchange.

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Twitter News Feed

Aave is currently only available on Ethereum. There will be an official announcement if Aave becomes available elsewhere.

Reminder that Aave will never ask you for your private key or personal information.

Today we've got some $Aave'some news! :rocket:

PARSIQ is proud to announce that we've successfully integrated our monitoring with the Aave v2 Protocol custom streams to monitor Aave specific events in their Protocol.

Read more: https://blog.parsiq.net/aave-custom-streams-now-available-with-parsiq-monitoring/

@AaveAave #aave #parsiq

If you're curious about how to think about pricing and assessing market risk in @AaveAave, check out this forum post by Gauntlet's @watsonfu_

cc @StaniKulechov @JordanLzG @A_BertoG

https://governance.aave.com/t/gauntlet-market-risk-primer/2097

From $0 to $3B+ in less than a year!

But, whats next for @AaveAave in 2021?

- L2 scaling
- 'Real world' breakthrough
- BIG partnerships/collabs

We sat down w/ lead dev & humble farmer @lemiscate
to look forward into 2021, click here to watch now:

https://youtu.be/fPNVp_u6ORA

Finally Finnish mainstream media got interested in @AaveAave and DeFi 🇫🇮 https://www.kauppalehti.fi/uutiset/suomalainen-aave-nousi-uuden-kryptoteknologian-aallonharjalle-oman-digivaluutan-arvo-ja-palvelun-rahamaara-miljardiluokassa-selkeaa-bisnesmallia-ei-ole-ehka-viela-pitkaan-aikaan/5fd4ac00-4f53-4677-ad7a-df38b622b1cd

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