Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Monster5 on October 05, 2020, 06:47:01 AM
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Aave is a kind of online bank. Not in all his expression of the word, of course. But rather in the area of being able to access loans in cryptocurrencies (specifically in ERC20 and ETH tokens) under a decentralized protocol. With the possibility of being the lender and generating interest. All this on a platform that runs through the intelligent contracts of the Ethereum network.
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Collected from Coinmarketcap( 7 Oct 2k20)
Aave (AAVE)
$39.47 USD (-23.94%)
0.00372508 BTC (-22.73%)
Market Cap
$66,109,594 USD
6,239 BTC
Volume (24h)
$555,862 USD
52.45465282 BTC
Circulating Supply
1,674,735 AAVE
Total Supply
16,000,000 AAVE
Max Supply
16,000,000 AAVE
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Aave price today is $128.08 USD with a 24-hour trading volume of $506,285,456 USD. Aave is up 8.35% in the last 24 hours. The current CoinMarketCap ranking is #26
Source: https://coinmarketcap.com/currencies/aave/
(https://i.imgur.com/ZhSl0ZM.png)
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Aave is a kind of online bank. Not in all his expression of the word, of course. But rather in the area of being able to access loans in cryptocurrencies (specifically in ERC20 and ETH tokens) under a decentralized protocol. With the possibility of being the lender and generating interest. All this on a platform that runs through the intelligent contracts of the Ethereum network.
ethereum is now most popular coin in cryptocurrency. It has queen of cryptocurrency. Day by day it's popularity more increase. Ethereum Also now getting very strong position. So it is not possible to beat ethereum in DeFi. Because now ranked of DeFi is 45 and ranked of ethereum is 2. So it not possible.
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Aave is a kind of online bank. Not in all his expression of the word, of course. But rather in the area of being able to access loans in cryptocurrencies (specifically in ERC20 and ETH tokens) under a decentralized protocol. With the possibility of being the lender and generating interest. All this on a platform that runs through the intelligent contracts of the Ethereum network.
I don't know about this. Because I am a new member in this forum. But I think in this forum senior members are discuss about this matter.
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Aave tokens are now in high demand and the token has grown by 20%, this is due to the fact that the developers of the DeFi platform launched a bridge connecting the protocol with the Matic Network - this allows farmers to save well on commissions and not depend on the Eth network congestion.
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Saved price $237.28. Market cap $2,905,659,197 24/h low price $194.36 and 24/h high price $238.91.
Market cap Rank #15
(https://i.imgur.com/tUz9NW2.png)
Source https://www.coingecko.com/en/coins/aave (https://www.coingecko.com/en/coins/aave)
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Aave is the new version of ethelend projects which already swapped 1:100 ratio . I already took participated in ethelend bounty campaign project in 2017.
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Aave This was the 2017 project. Then I saw that many people got bounties up to 5 to 6 lakh tokens. Then everyone immediately sold them. Now all these have been swapped and given 1000 in one lakh tokens. In fact, if everyone had left them now, but everyone would have become millionaires.