Aave (LEND)

Basic Information

Name of Project: Aave

Ticker: LEND

About

Aave, previously named ETHLend, is a decentralized non-custodial money market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion.

Details

Total supply: 1,299,999,942 LEND

Total circulation: 1,256,361,931 LEND (8/10/2020)

Other Information

Official website: https://aave.com/

Whitepaper:https://github.com/aave/aave-protocol/blob/master/docs/Aave_Protocol_Whitepaper_v1_0.pdf

Disclaimer

This document is compiled from the official whitepaper and relevant documents provided by the project team to provide investors an overview of the cryptocurrency. The information contained in this document is collected legally. We make every effort to provide reliable, complete and accurate information. However, we do not guarantee the accuracy and completeness of the information. The information shall not be regarded as advice, legal proof or evidence, whether explicit or implied.