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ETHLend was later renamed Aave, which means “ghost” in Finnish.
In a lending protocol, when the value of collateral falls below the liquidation threshold, liquidators can repay part of a borrower’s debt and buy the corresponding collateral at a discount.
$AAVE is Aave protocol’s governance token. Holders can participate in protocol governance.
Understanding how it works helps you make informed decisions; it isn’t a way to predict price movements.