Quick Reference Card: Stani Kulechov
Stani Kulechov founded ETHLend in 2017, a peer-to-peer lending platform on Ethereum.
The total supply of AAVE is 16 million: 13 million were converted from LEND at a 100-to-1 ratio, and 3 million are held in the ecosystem reserve.
Borrowing stablecoins and swapping them for highly volatile coins is equivalent to using leverage, so you need to manage the risk as you would with a leveraged position.
$AAVE was converted from the original LEND tokens at a 100-to-1 ratio.
Stani Kulechov founded ETHLend in 2017, a peer-to-peer lending platform on Ethereum.
The total supply of AAVE is 16 million: 13 million were converted from LEND at a 100-to-1 ratio, and 3 million are held in the ecosystem reserve.
Borrowing stablecoins and swapping them for highly volatile coins is equivalent to using leverage, so you need to manage the risk as you would with a leveraged position.
$AAVE was converted from the original LEND tokens at a 100-to-1 ratio.