Back

Aave Protocol

Aave Protocol
Communication protocol
PurposeDecentralized finance
Developer(s)Aave Labs
IntroductionJanuary 2020 (2020-01)[1]
Websiteaave.com

The Aave Protocol is an open-source, decentralized finance (DeFi) protocol built on the Ethereum blockchain and released in 2020.[2][3] It is one of the largest cryptocurrency liquidity protocols.[1][4] The Aave Protocol uses smart contracts to automate processes, including distributing funds and handling collateral.[5][1]

  1. ^ a b c Cite error: The named reference aol was invoked but never defined (see the help page).
  2. ^ Pandl, Zach (2021-10-22). "Opportunities and Risks in Decentralized Finance (Pandl/Rosenberg)". Goldman Sachs Research. Retrieved 2024-03-29.
  3. ^ Ao, Ziqiao; Cong, Lin William; Horvath, Gergely; Zhang, Luyao (2022-02-02). "Is decentralized finance actually decentralized? A social network analysis of the Aave protocol on the Ethereum blockchain". Papers. arXiv.org. Retrieved 2024-03-29.
  4. ^ Shen, Muyao (2023-07-15). "Biggest DeFi Lender Aave Set to Launch Decentralized Stablecoin". Bloomberg.com. Retrieved 2024-03-29.
  5. ^ Wade, Jacob (2022-11-15). "What Is Aave?". Investopedia. Retrieved 2024-03-29.

Rich TVX News Network Site

Rich TVX News Network Info

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search