AAVE is one of the first DeFi protocols in crypto space. It was launched in late 2017 under the name LEND, which it still maintains in its token, having managed to raise $17 million during the ICO. The project began as P2P loans between users with different types of collateral, and then evolved into loans based on liquidity markets that calculate the price depending on the availability of assets in said markets.
The word Aave comes from Finnish and means ghost. The ghost name illustrates the goal of this protocol to be transparent and open in the DeFi (decentralized finance) space. Aave is an Ethereum-based "decentralized finance" platform that started as ETHLend (LEND). Their main proposal is to allow users to lend, borrow, and benefit from fixed or variable interest rates in a decentralized space.
AAVE creates a market in which the interest rate is algorithmically determined by supply and demand with near-second accuracy, in which assets can be lent or borrowed. The most financial definition is money markets.
The current 1 Dollar to Aave exchange rate is Aave. Get Aave fast and without registration. Choose one of payment methods, that suits you most, either its credit or debit card or bank transfer and get Aave.
The current 1 Euro to Aave exchange rate is Aave. Get Aave fast and without registration. Choose one of payment methods, that suits you most, either its credit or debit card or bank transfer and get Aave.
Guardarian offers you convenient ways to buy AAVE with VISA, MasterCard, Sepa, Swift, and Faster Payments.
1. Select the preferred fiat currency, such as EUR, USD, GBP and others.
2. Choose AAVE from the drop-down menu at the top of the page.
3. Paste your crypto wallet address you will use to receive the asset.
4. Receive your AAVE in minutes.