About Stani Kulechov, keep these points in mind:
1) The Aave protocol supported flash loans from launch: borrow and repay within the same transaction, with no collateral required.
2) In January 2020, the Aave protocol launched on the Ethereum mainnet, shifting lending from peer-to-peer matching to a liquidity pool model.
3) Borrowing stablecoins to buy highly volatile coins is effectively using leverage, so manage the risk as you would for a leveraged position.
$AAVE was migrated from the original LEND token at a ratio of 100 to 1.
#AAVE
1) The Aave protocol supported flash loans from launch: borrow and repay within the same transaction, with no collateral required.
2) In January 2020, the Aave protocol launched on the Ethereum mainnet, shifting lending from peer-to-peer matching to a liquidity pool model.
3) Borrowing stablecoins to buy highly volatile coins is effectively using leverage, so manage the risk as you would for a leveraged position.
$AAVE was migrated from the original LEND token at a ratio of 100 to 1.
#AAVE
