Aave

Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets. The protocol features Flash Loans, the first uncollateralized loan in DeFi.
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Aave Business Information

Aave (from the Finnish word for "ghost") is an open source non-custodial protocol on Ethereum for decentralized lending and borrowing. For lenders, the protocol mints ERC20-compliant aTokens at a 1:1 ratio to supplied assets. Interest immediately starts compounding continuously, represented by a steady increase in the amount of aTokens held by the lender. This interest stream may be redirected to any address, separate from the aTokens that represent the underlying principal.

Aave offers flash loans: trustless, uncollateralized loans where borrowing and repayment must occur in the same transaction. Aimed at developers, this feature could lead to innovative uses of DeFi.

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Client Reviews
🎁 Ability to Deliver
🎁 Ability to Deliver
2.0
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🙊 Communication with Clients
🙊 Communication with Clients
4.0
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🚀 Innovation, Creativity & Technology
🚀 Innovation, Creativity & Technology
6.0
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🧠 Knowledge & Skills
🧠 Knowledge & Skills
8.0
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🤑 Value for Money
🤑 Value for Money
10
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