LONG AAVE/USDT on breakout of downtrend! Aave is an open-source and non-custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate. It also enables ultra-short duration, uncollateralized flash loans designed to be integrated into other products and services. Aave began as ETHLend in 2017 after it raised $16.2 million in an Initial Coin Offering (ICO) to create a decentralized lending platform. Later, they announced a parent company, Aave, which would house multiple different products including EthLend, Aave Lending, Aave Pocket, Aave Custody, Aave Clearing, and Aave gaming.
@smospider, aave is definately one to watch. What makes you say its number one ?
smospider
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@HodlTradeCrypto, first off the leadership and the community .. I trust and have much confidence that the team has and will continue to create an amazing future in decentralized finance!
HodlTradeCrypto
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@smospider, I agree Stani is well positioned in terms of talent - and experience on his team. That really does mean a lot in for defi!