Aave


Markets

First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club

Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included.

Cryptocurrency markets could make the clubby world of venture-capital investing more democratic. (Damonrand/Creative Commons, modified by CoinDesk)

Tech

No Collateral Required: How Aave Brought Unsecured Borrowing to DeFi

Aave’s “credit delegation” service makes unsecured borrowing possible in DeFi for the first time. But it’s a long way from replacing your credit card.

A Cleveland pawn shop in 1973 (National Archives and Records Administration)

Markets

First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market

Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street.

Dollar-linked "stablecoins" provide the liquidity to fund exotic cryptocurrency trades. (Waterfall at Mont-Dore by Achille-Etna Michallon, from the Metropolitan Museum of Art archives, modified by CoinDesk)

Tech

Lending Protocol Aave Eyes Tokenized Mortgages With Launch of V2

Tokenized mortgages may be coming to decentralized finance (DeFi) following Aave v2’s specification announcement Friday.

Stani Kulechov, founder and CEO of Aave, speaks at Consensus 2019.

Markets

Aave’s LEND Token Jumps 23% on Plan for Liquidity Mining

Aave’s LEND token is the day's top performer among cryptocurrencies with at least $100 million market capitalization.

Price chart of Aave's LEND token over past week. (CoinGecko)

Tech

DeFi Lender Aave Rolls Out Governance Token on Path to Decentralization

Aave will transfer ownership of the protocol to a “genesis governance” built and approved by LEND token holders. It will also swap LEND tokens for AAVE.

(Mike Pellinni/Shutterstock)

Markets

Aave's LEND Token Is Now Up 1,600% in 2020

The native token of the decentralized lender Aave has risen by over 100% this month alone.

(PaulaPaulae/Shutterstock)

Finance

Three Arrows, Framework Invest in DeFi Site Aave With $3M LEND Token Sale

Framework Ventures and Three Arrows Capital announced a $3 million investment in Aave, the firm behind the third-largest lending platform in DeFi.

Stani Kulechov, founder and CEO of Aave, speaks at Consensus 2019.

Markets

First Mover: Twelve-Fold Gains for Aave's LEND Token Might Be More Than DeFi Hype

Collateral deposits in Aave are up nearly $160 million over the past six months, suggesting actual usage rather than speculation.

(Library of Congress, Prints & Photographs Division, [reproduction number, e.g., LC-B2-1234])