0%

OKEx Lists Decentralized Money Market Protocol Aave’s LEND Token

2020年8月12日 3分读完
新闻文章的横幅图片

Formerly known as ETHLend, Aave is a long-standing P2P lending project established in 2017. Since the official transfer to the Aave lending platform on Jan. 1, 2020, its market scale has exceeded $630 million, placing it among the top five decentralized finance protocols in terms of total locked value. LEND is the governance token of the Aave platform. Apart from supporting LEND staking, Aave will use part of the income to implement the LEND token buyback-and-burn scheme.

As a veteran DeFi project, Aave has garnered an enviable reputation in the decentralized lending space. According to ICO Analytics, web traffic flowing to Aave increased by 63% since June, making it the seventh-largest decentralized trading platform in terms of web traffic, with more than 191,000 visits in July. In a Twitter survey involving 1,710 people during that same month, 46.1% of participants believed that Aave would become the first DeFi platform to reach a market scale of $1 billion, far exceeding the support for its closest competitors.

While Aave was beaten by Maker to that first milestone on July 27, the protocol continues to grow at a rapid pace, accumulating more locked value and broadening its user base.

“In the existing DeFi ecosystem, lending projects occupy approximately 14% of the market share and are one of the largest spaces. Compared with the traditional credit system, DeFi lending has significant advantages in terms of trustless transactions, low barriers of entry, and simple procedures. We believe that lending will become an important engine for the development of DeFi,” commented OKEx CEO Jay Hao.

“As one of the earliest participants in the lending space, Aave has made significant contributions to the development of DeFi. Stay tuned for our upcoming CEO roundtable later this month, as OKEx is very pleased to join forces with Aave to promote the further growth of decentralized finance.”

END

About OKEx

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

Media contact

Vivien Choi

Email: [email protected]

Telegram: @vivienchoi

Follow OKEx

Twitter: https://twitter.com/OKEx

Facebook: https://www.facebook.com/okexofficial/

LinkedIn: https://www.linkedin.com/company/okex/

Medium: https://medium.com/@OKEx

Telegram group (English): https://t.me/OKExOfficial_English

Telegram group (Russian): https://t.me/okexofficial_ru

Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involve significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.

Originally published at https://www.okex.com on August 11, 2020.

was originally published in OKEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

热门新闻

How to Set Up and Use Trust Wallet for Binance Smart Chain
#Bitcoin#Bitcoins#Config+2 更多标签

How to Set Up and Use Trust Wallet for Binance Smart Chain

Your Essential Guide To Binance Leveraged Tokens

Your Essential Guide To Binance Leveraged Tokens

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)
#Subscriptions

How to Sell Your Bitcoin Into Cash on Binance (2021 Update)

What is Grid Trading? (A Crypto-Futures Guide)

What is Grid Trading? (A Crypto-Futures Guide)

马上免费使用Cryptohopper进行交易!

免费使用——无需信用卡

开始吧
Cryptohopper appCryptohopper app

免责声明:Cryptohopper并非受监管机构。加密货币的机器人交易存在大量风险,过去的业绩表现并不能预示未来的结果。产品截图中展示的利润仅供参考,可能有所夸大。只有在您具备充足的知识或寻求了专业财务顾问的指导后,才应进行机器人交易。在任何情况下,Cryptohopper均不对任何人或实体因使用我们的软件进行交易而产生的全部或部分损失或损害,或任何直接、间接、特殊、后果性或附带的损害承担责任。请注意,Cryptohopper社交交易平台上的内容由Cryptohopper社区成员生成,并不代表Cryptohopper或其代表的建议或推荐。市场上展示的利润并不能预示未来的结果。使用Cryptohopper的服务即表示您承认并接受加密货币交易的固有风险,并同意免除Cryptohopper因您的任何责任或损失的责任。在使用我们的软件或进行任何交易活动之前,务必审阅并理解我们的服务条款和风险披露政策。请根据您的具体情况咨询法律和金融专业人士,获取个性化的建议。

©2017 - 2024 版权归属于Cryptohopper™ -版权所有。