Aave's predecessor is ETHLEnd, which is a decentralized p2p lending platform that allows people all over the world to obtain loans or become lenders.
Full Name: Aave LEND
Aave's predecessor is ETHLEnd, which is a decentralized p2p lending platform that allows people all over the world to obtain loans or become lenders. As a decentralized platform, using blockchain technology, Aave allows users to obtain loans or financing in a secure manner within minutes.
The Aave Decentralized Lending Pool is a supplement to the ETHLend P2P lending model and is a new and improved lending model. Under this new loan model, users will be able to become lenders and borrowers, simply deposit assets in the pool and obtain passive income from the assets they hold, and they can also borrow them as collateral.
Issuance and Circulation:
Total Circulation: 1,299,999,941 LEND
Total Circulation: 1,256,361,931 LEND (8/10/2020)
Official Website: https://aave.com/
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