Let's talk about Stani Kulechov.
AAVE has a total supply of 16 million tokens: 13 million came from LEND exchanged at a ratio of 100 to 1, and 3 million are held in the ecosystem reserve.
Honestly, I hadn't noticed this before: flash loans are just a tool in themselves. In many attacks, flash loans have been used to manipulate prices, so pay attention to a protocol's price oracle design before using it.
$AAVE was migrated from the original LEND tokens at a ratio of 100 to 1.
Size your positions prudently, and leave yourself a way out.
AAVE has a total supply of 16 million tokens: 13 million came from LEND exchanged at a ratio of 100 to 1, and 3 million are held in the ecosystem reserve.
Honestly, I hadn't noticed this before: flash loans are just a tool in themselves. In many attacks, flash loans have been used to manipulate prices, so pay attention to a protocol's price oracle design before using it.
$AAVE was migrated from the original LEND tokens at a ratio of 100 to 1.
Size your positions prudently, and leave yourself a way out.