Aave [OLD]
LEND

$ 0.412824 / Ƀ 0.00001519

Marketcap

$ 14,839,812

Volume

$ 185

Circulating

35,947,025 LEND

Total supply

1,299,999,942 LEND

All time high

$ 23.59

Difference between ATH

98.25%

Date last ATH

September 3, 2021

Days since ATH

570

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Latest Aave [OLD] updates on February 21st

Aave is pleased to announce the launch of Aave V3, which will support the token $LUSD from Liquity Protocol. This adds to the diversity of stablecoins available on the Aave platform, and demonstrates Aave’s commitment to leading the way in the DeFi space. On February 16, Aave also announced a native integration with Ledger, allowing users to access the Aave Protocol directly from the Ledger Enterprise platform. On February 13, Aave launched $rETH, allowing users to access the protocol on the Aave V3 market. Finally, Aave has asked users to share their favorite Aave merch they’ve collected throughout the years, and is looking forward to the collection of new swag at Ethereum Denver. Overall, Aave is continuing to revolutionize the DeFi space and provide users with new options and capabilities.

What is Aave [OLD] ?

Ethereum Lend (ethLend) is an open source liquidity protocol that allows users to lend and borrow Ethereum-based tokens through a decentralized network of lenders and borrowers. The protocol is designed to provide a secure and transparent platform for users to engage in peer-to-peer lending and borrowing activities.

The ethLend platform facilitates the creation of a decentralized lending marketplace by providing users with access to a large pool of lenders and borrowers. Through the platform, users are able to find the most competitive rates and terms for their loan, and are able to utilize the platform’s smart contracts to facilitate the loan process. The platform also provides a number of features that aim to reduce counterparty risk, including escrow protection, automatic loan repayment, and automated dispute resolution.

The platform is powered by the Ethereum blockchain, which provides a secure, reliable, and immutable ledger for users to record their transactions. In addition, the platform utilizes a number of security measures to protect users, such as encryption, fraud detection, and a reputation system.

Overall, Ethereum Lend (ethLend) is an innovative platform that offers users a secure and transparent way to engage in peer-to-peer lending and borrowing activities. The platform is powered by the Ethereum blockchain and utilizes a number of features to reduce counterparty risk and ensure a safe and secure environment for users.

This article was published on 2023-01-28 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.

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What is the price & marketcap of Aave [OLD]?

Aave [OLD] is a cryptocurrency with a price of $ 0.412824 and marketcap of $ 14,839,812. Aave [OLD]’s market price has decreased -21.69% in the last 24 hours. It ranks 845 amongst all cryptocurrencies with daily volume of $ 185.

LEND / USD Historical prices

* Currency in USD
Historical Price for Aave [OLD]
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Past updates about Aave [OLD]

Published on 2023-01-24 : AaveAave has been very active in the past month with a number of exciting updates and announcements. On January 24th, the project was chosen as the first DeFi protocol to be integrated with Lemon, offering users the ability to deposit tokens into the protocol and earn seamlessly while enabling Lemon to provide greater transparency and security to its global user base. On January 23rd, the highly anticipated launch of Aave V3 across Avalanche, Arbitrum, Optimism and 0xPolygon was completed. Furthermore, the AIP for the V3 launch on the Ethereum mainnet was created by the community and is now live. Additionally, Aave has launched its own stablecoin $GHO and also launched LensProtocol. Finally, Oasis Multiply was also released bringing new functionality to the Aave Protocol to simplify how DeFi users can adjust their exposure to risk.

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