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AAVE has a total supply of 16 million tokens: 13 million came from LEND conversions at a rate of 100 to 1, and 3 million are held in the ecosystem reserve.
Flash loans don't require collateral because the borrowed funds must be repaid within the same transaction. If they aren't repaid, the entire transaction is rolled back, as if it never happened.
$AAVE is the governance token of the Aave protocol. Holders can participate in protocol governance. Current price: 156.32.
Make sure you understand the rules before taking action. Don't place orders on impulse.
#AAVE
AAVE has a total supply of 16 million tokens: 13 million came from LEND conversions at a rate of 100 to 1, and 3 million are held in the ecosystem reserve.
Flash loans don't require collateral because the borrowed funds must be repaid within the same transaction. If they aren't repaid, the entire transaction is rolled back, as if it never happened.
$AAVE is the governance token of the Aave protocol. Holders can participate in protocol governance. Current price: 156.32.
Make sure you understand the rules before taking action. Don't place orders on impulse.
#AAVE