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ETHLend was later renamed Aave. In Finnish, “Aave” means “ghost.”
In a lending protocol, when the health factor falls below the liquidation threshold, liquidators can repay part of a borrower’s debt and purchase the corresponding collateral at a discount.
$AAVE is Aave’s governance token, and holders can participate in governance votes.
Don’t trade with borrowed money—pressure can lead people to make poor decisions.
ETHLend was later renamed Aave. In Finnish, “Aave” means “ghost.”
In a lending protocol, when the health factor falls below the liquidation threshold, liquidators can repay part of a borrower’s debt and purchase the corresponding collateral at a discount.
$AAVE is Aave’s governance token, and holders can participate in governance votes.
Don’t trade with borrowed money—pressure can lead people to make poor decisions.