A mistake I made myself: I didn’t understand this at first.
In 2023, Aave launched its decentralized stablecoin, GHO.
Flash loans don’t require collateral because the borrowed funds must be repaid in the same transaction. If they aren’t, the entire transaction reverts, as if it never happened.
$AAVE is Aave’s governance token, and holders can participate in governance votes.
Did you misunderstand this too?
#AAVE
NFA. Do your own research.
In 2023, Aave launched its decentralized stablecoin, GHO.
Flash loans don’t require collateral because the borrowed funds must be repaid in the same transaction. If they aren’t, the entire transaction reverts, as if it never happened.
$AAVE is Aave’s governance token, and holders can participate in governance votes.
Did you misunderstand this too?
#AAVE
NFA. Do your own research.