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Difference between revisions of "Aave"
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Aave is a decentralized protocol where users can borrow tokens by depositing more collateral than what is being borrowed [https://docs.aave.com/portal/] | Aave is a decentralized protocol where users can borrow tokens by depositing more collateral than what is being borrowed [https://docs.aave.com/portal/]. It was first known as ETHLend when it launched with an ICO in 2017. | ||
== History == | |||
AAVE, then known as ETHLend, launched in an ICO in November 2017 with the tagline: "Democratizing Lending with Ethereum Network"<ref>https://icobench.com/ico/ethlend</ref> raising a total of $17m. | |||
== Governance == | == Governance == | ||