I see a lot of possibilities for AAVE in growth for the future, as they continue to evolve in the market.
The Aave protocol has its own crypto called AAVE and its open source, Peer to Peer, and they are eliminating the need for third parties such as banks. Users can either earn interest by depositing funds into the service or borrow funds deposited by other users into the service.
Their solution was founded in London on May 1, 2017, by Stani Kulechov, an experienced crypto entrepreneur. Initially, the project was known as ETHLend, which they changed in 2018 to AAVE. They started as an ICO, launched in November 2017, allowing a fundraising of 16 million dollars.
AAVE is currently the world’s most popular decentralized peer-to-peer loan service and with the huge growth that is (hopefully) about to come in the market, granting loans in the form of cryptocurrencies to its users makes AAVE very attractive to investors. You can easily increase your investment capacity.
I think AAVE is close to provide users even more diverse services than traditional banks. 5 stars. Show Less
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