Who is Stani Kulechov? Quite a few people can't say for sure!
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, the entire transaction is reverted, as if it never happened.
It's okay to play it safe—staying in the game matters more than how much you make on any one trade.
$AAVE 150.98（-1.9%）
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, the entire transaction is reverted, as if it never happened.
It's okay to play it safe—staying in the game matters more than how much you make on any one trade.
$AAVE 150.98（-1.9%）