Crypto trivia 📚 Stani Kulechov
AAVE has a total supply of 16 million tokens: 13 million came from LEND tokens migrated at a 100:1 ratio, and 3 million are held in the ecosystem reserve.
Starting in October 2020, LEND could be exchanged for AAVE at a 100:1 ratio: 1.3 billion LEND corresponded to 13 million AAVE, with another 3 million placed in the ecosystem reserve.
Knowing this fact won’t make me money right away, but it can help me avoid one basic mistake.
$AAVE was migrated from the original LEND tokens at a 100:1 ratio.
AAVE has a total supply of 16 million tokens: 13 million came from LEND tokens migrated at a 100:1 ratio, and 3 million are held in the ecosystem reserve.
Starting in October 2020, LEND could be exchanged for AAVE at a 100:1 ratio: 1.3 billion LEND corresponded to 13 million AAVE, with another 3 million placed in the ecosystem reserve.
Knowing this fact won’t make me money right away, but it can help me avoid one basic mistake.
$AAVE was migrated from the original LEND tokens at a 100:1 ratio.
