Which protocol popularized the “flash loan” feature?
Definition: Stani Kulechov founded ETHLend in 2017, a peer-to-peer lending project on Ethereum.
Why it works: In lending protocols, when the value of collateral falls below the liquidation threshold, liquidators repay part of the borrower’s debt and take the corresponding collateral at a discount.
$AAVE was migrated from the original LEND token at a ratio of 100 to 1. It is currently 110.03.
Only invest what you can afford, and leave yourself a way out.
Just listen—don’t blindly follow. Make your own decisions.
Definition: Stani Kulechov founded ETHLend in 2017, a peer-to-peer lending project on Ethereum.
Why it works: In lending protocols, when the value of collateral falls below the liquidation threshold, liquidators repay part of the borrower’s debt and take the corresponding collateral at a discount.
$AAVE was migrated from the original LEND token at a ratio of 100 to 1. It is currently 110.03.
Only invest what you can afford, and leave yourself a way out.
Just listen—don’t blindly follow. Make your own decisions.
