Finance:Aave
From HandWiki
Aave's web application | |
Repository | github |
---|---|
Written in | Solidity |
Platform | Ethereum |
Type | Decentralized exchange |
License | MIT License |
Website | aave |
Aave is a Decentralized finance (DeFi) protocol that operates on the Ethereum blockchain and other EVM blockchains. Through a set of smart contracts, the protocol facilitates trading, lending and borrowing of cryptocurrency tokens without the need for centralized intermediaries. Liquidity providers are given a percentage of the trading fees earned on the trading pairs they are providing liquidity to.[1][2][3]
The project was founded by Stani Kulechov, and the first version was deployed on the Ethereum network in January 2020.[4]
The code is open source and released under the MIT License.[5]
In 2023, the Aave team raised $15M to fund the development of Lens Protocol, a decentralized social network.[6]
References
- ↑ "JPMorgan Executes Its First DeFi Trade Using Public Blockchain" (in en). Bloomberg.com. 2022-11-02. https://www.bloomberg.com/news/articles/2022-11-02/jpmorgan-executes-its-first-defi-trade-using-public-blockchain.
- ↑ "Developers Aim To Bring New DeFi Strategies To $17B Liquid Staking Market" (in en-US). 2023-06-01. https://finance.yahoo.com/news/developers-aim-bring-defi-strategies-191257578.html.
- ↑ Staff, A. O. L. (2023-06-09). "All About Aave That You Wanted To Know" (in en-US). https://www.aol.com/news/aave-wanted-know-150000975.html.
- ↑ CVJ.CH, Editorial Office (2020-09-16). "Aave protocol: An interview with the founder Stani Kulechov" (in en-US). https://cvj.ch/en/hot-topics/minds/aave-protocol-an-interview-with-the-founder-stani-kulechov/.
- ↑ "Aave" (in en). https://github.com/aave.
- ↑ Melinek, Jacquelyn (2023-06-08). "Aave's Lens Protocol raises $15M to build the decentralized social web" (in en-US). https://techcrunch.com/2023/06/08/aaves-lens-protocol-raises-15m-to-build-the-decentralized-social-web/.
Original source: https://en.wikipedia.org/wiki/Aave.
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