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Aave Price (LEND)
Aave Price (LEND)
Aave is an open-source and non-custodial protocol for earning interest on deposits and borrowing assets with a variable or fixed interest rate. It enables uncollateralized flash loans designed to integrate into ultra-short duration, other products and services. Some researchers have pointed out that the overall TVL of the market is at risk of double counting. For example, any DAI liquidity on a lending platform like Aave by definition is a second calculation of the underlying assets to be provided as collateral to the maker to mint the sticker coin. “The wide range of developers at the peak of Aave expressing innovation in David has made it possible to reach the highest TVL,” CEO StannyAave CEO. This innovation has sparked interest in organizations [now] dipping their toes into Ave. With the new Avenomics update, Aave will introduce a number of changes, including token swaps that will see land tokens swapped at 100: 1 for Aave tokens.
Aave Price INR History
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Aave Price History and Analysis
Aave Price in India (LEND Price in INR)
According to DeFi Pulse, Aave has a net worth of $1.44 billion as of press time, a slight increase of $1.42 billion from Maker. The rear front runner has slipped to fifth place behind Yearn and Curve for the compound in the previous position. Aave started in 2017 as ETHLend after accumulating $16.2 million in Evident Coin Offering (ICO) to create a platform for decentralized lending.
Aave price in India (LEND to INR) in Jan 2018
In January 2018, the price of AAVE was ₹12.50 and volume of ₹1.41124774e9 with market cap of ₹1.27237764e10
Aave price in India (LEND to INR) in Dec 2018
In December 2018, the price of AAVE was 21.93 and volume of ₹ 1.6982348e9 with market cap of ₹7.0703656e10
Aave token price in India (LEND to INR) in Jan 2019
In January 2019, the price of AAVE Token was less than that of December 2018 i.e. ₹0.5118 and volume of ₹10849097.2 with market cap of ₹577677045
Aave token price in India (LEND to INR) in Dec 2019
In December 2019, the price of AAVE token was ₹0.7312 and volume of ₹15471605.4 with market cap of ₹93863288
Aave coin price in India (LEND to INR) in Jan 2020
In January 2020, the price of AAVE coin was ₹1.06 and volume of ₹15468900.1 with market cap of ₹170155123
Aave coin price in India (LEND to INR) in Aug 2020
In August 2020, the price of AAVE coin was increase suddenly and raise to ₹55.2022 and volume of ₹1.48840456e10 with increase in market cap also of ₹7.2205366e10
Aave goal is to fill the gap left by centralized fintech industry giants such as Pechle, Skrill and Conbase.
Awake has a wealth of talent and experience in his team.
The compound does not have USDT as a usable asset, but Aave has a wide range of tokens on offer.
Over the past few months, Aven has introduced some of the most notable features currently found in DFI, such as flash loans and interest rate switching.