Who is Stani Kulechov?
The Aave protocol offered flash loans from launch: borrow and repay within the same transaction, with no collateral required.
AAVE has a total supply of 16 million tokens: 13 million came from migrating LEND at a ratio of 100 to 1, and 3 million are held in the ecosystem reserve.
When managing funds, the most important thing to keep in mind is that borrowing stablecoins to buy highly volatile tokens is effectively using leverage, so you should manage the risk as you would a leveraged position.
$AAVE 168.22（-2.57%）
#AAVE
Stay calm and manage your position size.
The Aave protocol offered flash loans from launch: borrow and repay within the same transaction, with no collateral required.
AAVE has a total supply of 16 million tokens: 13 million came from migrating LEND at a ratio of 100 to 1, and 3 million are held in the ecosystem reserve.
When managing funds, the most important thing to keep in mind is that borrowing stablecoins to buy highly volatile tokens is effectively using leverage, so you should manage the risk as you would a leveraged position.
$AAVE 168.22（-2.57%）
#AAVE
Stay calm and manage your position size.