Website
https://aave.com
Investment and technology themes
KANDO id: 4337026

Token information

Founders
Also known as
AAVE

Blockchains

Smart contract
0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9
Smart contract
0x202b4936fe1a82a4965220860ae46d7d3939bb25
Smart contract
0x63a72806098bd3d9520cc43356dd78afe5d386d9
Smart contract
0xd6df932a45c0f255f85145f286ea0b292b21c90b
Smart contract
0x6a07a792ab2965c72a5b8088d3a069a7ac3a993b
Smart contract
0xcf323aad9e522b93f11c352caa519ad0e14eb40f
Smart contract
0x0091bd8d8295b25cab5a7b8b0e44498e678cfc15d872ede3215f7d4c7635ba36
Smart contract
0xfb6115445bff7b52feb98650c87f44907e58f802

Digital asset type
Open source and non-custodial protocol to earn interest on deposits and borrow assets.

Overview

Aave (fun fact: the name is taken from the Finnish word for “ghost”) is a decentralised, open-source, and non-custodial liquidity protocol on Ethereum. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain loans by tapping into these pools with variable and stable interest rate options. Aave Protocol is unique in that it tokenizes deposits as aTokens, which accrue interest in real time. It also features access to Flash Loans and Credit Delegation as unco-llateralised loan options.

LEND will migrate to AAVE, via a Genesis Governance vote, at a rate of 100 LEND per 1 AAVE.

Allocation details
Segment % Notes
Ecosystem development 81.25 % Aave ecosystem reserve
Other 18.75 % LEND token holders

Project team

Team member Affiliations
Stani Kulechov photo

Stani Kulechov (founder)

Stani Kulechov is the Founder and CEO of Aave, an open source and non-custodial liquidity market protocol to earn interest on deposits and borrow assets. Stani was studying law at the University of Helsinki when he first got into Ethereum and he started exploring how it could impact the traditional financial system. In 2017, Stani released ETHLend, one of the first DeFi DApps ever. Since then, he has made it his mission to create tools for an open, transparent, and equitable financial ecosystem through Aave Protocol.

Investors

List of the current and past investors into Aave with their respective financial instruments.

Profile Country Phone Round
Alameda Research Quantitative trading firm bringing expertise from Wall Street and Silicon Valley to provide liquidity in crypto markets worldwide. Hong Kong SAR China N/A
Blockchain Capital Venture capital fund with a focus on blockchain enabled technologies. United States +1 (415) 677-5340 N/A
DeFiance Capital Decentralized Finance (DeFi) focused cryptoasset fund that combines fundamental research with an active involvement approach. Singapore N/A
Diamond Atlas Capital Venture capital firm dedicated to driving innovation by advancing Web3 projects through capital, advisory, and strategic partnerships. N/A
Framework Ventures Multi-stage venture capital firm investing in blockchain and cryptocurrency digital assets. United States N/A
Three Arrows Capital Ltd (3AC) Hedge fund manager with heavy emphasis on cryptocurrency investments. Singapore N/A

Coin metrics

Date
Price (USD) $ 275.1800
Circulating supply (units) 13,188,563
Market cap (USD) $ 3,629,229,373
Source

Price history