#Aave

Aave is a lending DeFi protocol that allows borrowing and lending of crypto assets with variable and stable interest rates.

ForkLog 5 15.08.2020

Value locked in Aave’s DeFi protocol surpasses $1 billion

Value locked in Aave's DeFi protocol rises to second place in the DeFi Pulse ranking. The amount of value locked on its smart contracts over the 24 hours rose by 19.26%, surpassing $1 billion.

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ForkLog 11 14.08.2020

Assets locked in the DeFi sector exceed $5 billion.

The decentralised finance sector has set another record: the value of assets locked in protocols for the first time exceeded $5 billion, according to DeFiPulse.

AI translated