Who is Stani Kulechov?
The Aave protocol supported flash loans from launch: borrowing and repaying within a single transaction, with no collateral required.
In January 2020, the Aave protocol launched on the Ethereum mainnet, shifting lending from peer-to-peer matching to a liquidity pool model.
The most important thing to remember when managing positions: leave a larger safety margin when borrowing through lending protocols. When collateral prices plunge, liquidations often happen sooner than you expect.
$AAVE 131.54 (+0.4%)
#AAVE
The Aave protocol supported flash loans from launch: borrowing and repaying within a single transaction, with no collateral required.
In January 2020, the Aave protocol launched on the Ethereum mainnet, shifting lending from peer-to-peer matching to a liquidity pool model.
The most important thing to remember when managing positions: leave a larger safety margin when borrowing through lending protocols. When collateral prices plunge, liquidations often happen sooner than you expect.
$AAVE 131.54 (+0.4%)
#AAVE