Aave logo

Social links: 
  
  
  
  
  
  
  
Website
https://aave.com
Investment and technology themes
blockchain
lending
fintech

VCID: 4337026
Founders
Stani Kulechov

Also known as
AAVE
Digital asset type
Open source and non-custodial protocol to earn interest on deposits and borrow assets.
Blockchains
Blockchain
Ethereum
Smart contract
0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9
Blockchain
Huobi Eco Chain Mainnet
Smart contract
0x202b4936fe1a82a4965220860ae46d7d3939bb25
Blockchain
Avalanche
Smart contract
0x63a72806098bd3d9520cc43356dd78afe5d386d9
Blockchain
Polygon POS
Smart contract
0xd6df932a45c0f255f85145f286ea0b292b21c90b
Blockchain
Fantom
Smart contract
0x6a07a792ab2965c72a5b8088d3a069a7ac3a993b
Blockchain
Harmony Shard 0
Smart contract
0xcf323aad9e522b93f11c352caa519ad0e14eb40f
Blockchain
Sora
Smart contract
0x0091bd8d8295b25cab5a7b8b0e44498e678cfc15d872ede3215f7d4c7635ba36
Blockchain
Binance Smart Chain
Smart contract
0xfb6115445bff7b52feb98650c87f44907e58f802
Overview

Aave (fun fact: the name is taken from the Finnish word for “ghost”) is a decentralised, open-source, and non-custodial liquidity protocol on Ethereum. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain loans by tapping into these pools with variable and stable interest rate options. Aave Protocol is unique in that it tokenizes deposits as aTokens, which accrue interest in real time. It also features access to Flash Loans and Credit Delegation as unco-llateralised loan options.

Token allocation
Allocation
Allocation group
Other
Percent
18.75 %
Comment
LEND token holders
Allocation group
Ecosystem development
Percent
81.25 %
Comment
Aave ecosystem reserve
Summary
LEND will migrate to AAVE, via a Genesis Governance vote, at a rate of 100 LEND per 1 AAVE.

Funding rounds

N/A


Profile Country Notes
ArkStream Capital China Initial investment. Round participant.

N/A


Profile Country Notes
Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. United States Initial investment. Round participant.

N/A


Profile Country Notes
DeFiance Capital Decentralized Finance (DeFi) focused cryptoasset fund that combines fundamental research with an active involvement approach. Singapore Initial investment. Round participant.

N/A


Profile Country Notes
Framework Ventures Management LLC Multi-stage venture capital firm investing in blockchain and cryptocurrency digital assets. United States Initial investment. Round participant.

N/A


Profile Country Notes
Blockchain Capital LLC Venture capital fund with a focus on blockchain enabled technologies. United States Initial investment. Round participant.

N/A


Profile Country Notes
Alameda Research LLC Quantitative trading firm bringing expertise from Wall Street and Silicon Valley to provide liquidity in crypto markets worldwide. United States Initial investment. Round participant.

N/A


Profile Country Notes
Three Arrows Capital Ltd Hedge fund manager with heavy emphasis on cryptocurrency investments. Singapore Initial investment. Round participant.

N/A


Profile Country Notes
Diamond Atlas Capital Venture capital firm dedicated to driving innovation by advancing Web3 projects through capital, advisory, and strategic partnerships. Initial investment. Round participant.