🔍 LET'S TALK ABOUT... Aave ($AAVE )
Leading decentralized lending protocol (DeFi)
*PROJECT FUNDAMENTALS*
- Launch date: 2017 (as ETHLend), rebranding to Aave in 2020
- Founder: Stani Kulechov
- Core proposal: Decentralized money market for loans and deposits
- Tokenomics: Maximum supply 16M $AAVE • 14.4M in circulation (90%)
*KEY TECHNOLOGY*
- Model: Liquidity pool based on smart contracts
- Unique features:
- Flash loans (no collateral)
- Variable and stable interest rates
- aTokens: Real-time interest-earning tokens
- Current version: V3 with capital-efficient improvements
REAL ADOPTION
- Main use cases:
- Peer-to-peer loans without intermediaries
- Yield farming for institutions
- Cross-collateralization between assets
- Strategic alliances:
- Integration with Polygon, Avalanche, Optimism
- Institutional partners: Fireblocks, Fasanara Capital
- Collaboration with Balancer for liquidity
NETWORK METRICS
- Total Value Locked (TVL): $7.6B (#3 in DeFi)
- Supported assets: 30+ cryptocurrencies
- Unique users: 1.2M+ addresses
- Active markets: 10+ blockchains
*CHALLENGES AND RISKS*
- Competition: Compound, MakerDAO, and other DeFi protocols
- Technological risk: Vulnerabilities in smart contracts
- Regulatory: Uncertainty in global legal frameworks
- Concentration: 35% of TVL in Ethereum
⚠️ *EDUCATIONAL NOTE*
Content to understand DeFi protocols. #dyor
