Knowledge Notes | Stani Kulechov
① In 2023, Aave launched GHO, a decentralized stablecoin.
② The total supply of AAVE is 16 million tokens: 13 million came from LEND migrated at a 100:1 ratio, and 3 million are held in the protocol’s ecosystem reserve.
③ Flash loans are just a tool. In many attacks, they’ve been used to manipulate prices, so pay attention to a protocol’s price-feed design before using it.
$AAVE 111.41（-5.01%）
#AAVE
Stay calm; don’t get carried away.
① In 2023, Aave launched GHO, a decentralized stablecoin.
② The total supply of AAVE is 16 million tokens: 13 million came from LEND migrated at a 100:1 ratio, and 3 million are held in the protocol’s ecosystem reserve.
③ Flash loans are just a tool. In many attacks, they’ve been used to manipulate prices, so pay attention to a protocol’s price-feed design before using it.
$AAVE 111.41（-5.01%）
#AAVE
Stay calm; don’t get carried away.