How did the Finnish word for “ghost” become the name of a lending protocol?
AAVE has a total supply of 16 million tokens: 13 million migrated from LEND at a ratio of 100 to 1, and 3 million are held in the protocol’s ecosystem reserve.
Borrowing stablecoins to swap for highly volatile coins is a form of leverage, so you need to manage the risks as you would for a leveraged position.
$AAVE was converted from the original LEND tokens at a ratio of 100 to 1. Current: 158.78.
If you found this useful, save it to look back on later.
AAVE has a total supply of 16 million tokens: 13 million migrated from LEND at a ratio of 100 to 1, and 3 million are held in the protocol’s ecosystem reserve.
Borrowing stablecoins to swap for highly volatile coins is a form of leverage, so you need to manage the risks as you would for a leveraged position.
$AAVE was converted from the original LEND tokens at a ratio of 100 to 1. Current: 158.78.
If you found this useful, save it to look back on later.