 | Aave (AAVE)Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers. Aave Protocol an open source and non-custodial liquidity protocol. Funding Round: $1.75M Funding Round: $25M Funding Round: $3M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Aave
Aave is one of the most important lending protocols on Ethereum’s DeFi ecosystem. Aave facilitates decentralized and non-custodial lending, allowing you to earn interest and borrow crypto assets. The protocol itself is completely decentralized and has a governance system in place backed by the AAVE token.
What Aave does is remove the need for centralized entities such as banks by allowing users to loan and lend crypto assets with each other. The lending itself is done using Aave's smart contracts which allow the two parties to interact in a trustless manner.
Aave has also introduced a new type of loan: flash loans. This is a loan that allows you to take any amount of capital from the capital without providing collateral. The catch? You must pay the loan back within the same transaction block that it was issued.
AAVE is the main token on the AAVE protocol. You can use AAVE to participate in the project's governance model. For example, you can vote on a governance proposal that aims to improve a certain feature or increase yields.
DetailsPre-sale token supply: 600,000 AAVEToken supply: 16,000,000 AAVE Total tokens for sale: 10,000,000 AAVE Raised: 49,000,000 USD LegalBlockchain Platform: EthereumRegistration country: Switzerland Registration year: 2017 Office address:
| Token infoTicker: AAVEType: Utility-token Token standard: ERC-20 Token price in USD: 1 AAVE = 1,84 USD Token distribution: 30% - Core development 20% - User experience development 20% - Management and legal 20% - Promotions and marketing 10% - Miscellaneous costs |
Aave Roadmap
- Protocol V1
- Multipla Markets
- Genesis Governance
- Staking
- LEND Migration
- LP Rewards
- Full Protocol Governance
Project team
Advisors
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MVP
