Asked: Who is Stani Kulechov?
My answer: ETHLend was later renamed Aave. “Aave” means “ghost” in Finnish. In a lending protocol, when the value of collateral falls below the liquidation threshold, liquidators repay part of the borrower’s debt and take the corresponding collateral at a discount.
$AAVE 107.52（+0.8%）
If you found this useful, save it so you can come back and read it later.
#AAVE
My answer: ETHLend was later renamed Aave. “Aave” means “ghost” in Finnish. In a lending protocol, when the value of collateral falls below the liquidation threshold, liquidators repay part of the borrower’s debt and take the corresponding collateral at a discount.
$AAVE 107.52（+0.8%）
If you found this useful, save it so you can come back and read it later.
#AAVE