AAVE – The Road To $3 Billion – DEFI Explained

Finematics
So what is Aave all about? How was it able to go from $0 to $3B in total value locked in less than a year? And what’s the use case for the AAVE token? You’ll find answers to these questions in this video. The initial version of Aave – which is currently one of the most popular lending protocols in decentralized finance – came into existence in 2017. Before the rebranding that happened later in September 2018, the project was known as ETHLend. ETHLend was started in Finland by Stani Kulechov. Stani, a law degree graduate, discovered Ethereum, realised the power of smart contracts and decided to build a peer-to-peer lending protocol. 📘 DeFi Guide ► / 📖 Post ► / 🐦 Follow Finematics on Twitter ► s 💛 Support Finematics on Patreon and join our Discord community ► s 🔒 Ledger ► (affiliate) 📱 Argent Wallet ► (affiliate) 🌐 Get your .crypto Unstoppable Domain ► c