AAVE

tux_greyhat

AAVE has long term potential.

Chapo_1992

Which crypto are you « a big whale lmao » (except btc/eth) ? I’ll go first AAVE

PsychologicalSong661

Yeah.... CURVE and AAVE are my top pick for stable coin staking until I came across SPOOL that reduces the gas fee drastically while allowing you invest in more than one liquidity generator at once ... They are the best option for beginners though..

StockTrix

AAVE?

ShibuyaNeon

Does this include yield farms and protocols like AAVE through Beefy Finance? What some people think is easy some people may see as hard.

jun_039

good that you make emphasis on AAVE, Curve protocols. a must for beginners before they go full degen mode.

MOzil85

ELA(Elastos). Just hired marketing agency and market maker to provide liquidity. Already got its own ecosystem complete with defi, nft. Main sponsor for Jan web3.0 conference with participants like Algorand, Iotex, SingularityNet, Dfinity, Ocean, Boba, AAVE, MIT,NASA, Microsoft, World Bank. Cant believe only less than 100m in mkt cap. This is what i call moonshot

Wilder54321

Funny enough, I regret not buying AAVE in December when everything was dipping. Think it was $170-180 and went back up to 220ish.

marsangelo

Your bags are identical to mine other than AAVE and CRV, confirmation bias engage. Im going to keep ADA as my shitcoin. Not because i believe it is actually a shitcoin but it feels like it has no choice but to moon since im not sure how much lower it can go, there doesnt really feel like a middle ground anymore. A shitcoins purpose is only to shit, whereas ADAs purpose is to try and transcend humanity into a higher plane of existence

Dry_Advice_4963

AAVE is blasting off!

marsangelo

AAVE and CRV were up 10% for me this morning

Mandrake_m2

I'm always feeling bullish and ready to go into projects, got me some ALGO, some AAVE and some memecoins like ELON since they've been pumping well.

Mandrake_m2

A few hours spread throughout the day give or take been mostly on DeFi lately staking some coin and getting into some projects most recently CRV, AAVE and BitDAO's BIT.

ComeBackTimee

AAVE

Robby16

Don’t need AAVE token. Ethereum will do it eventually

Pjr1183

AAVE, lending and borrowing is huge and will be even bigger as crypto grows

diomediocre

Than the question becomes what do you expect me to like about ETC? Not trying to get into the old "code is law" debate here, but if we do compare it to ETH and other L1s, their main value over other blockchains is their smart contract integrations for dApps like AAVE or Sushiswap, and their tokens with unique protocols/projects like The Graph, Anchor Protocol, or Acala. If ETC doesn't have much of that than it doesn't really live up to the original dream of a programmable decentralized computer, it doesn't have sufficient security for my assets like Bitcoin with decentralized mining that can't get attacked centralized or not, it seems to have too small of a community to have a proper niche like LTC/BCH, and it's not as easy a medium of exchange as NANO/XLM. It simply doesn't offer what I want in cryptocurrencies, isn't something I'd really be interested in mining or stacking as an investment, and infrequently leads to purchasing confusion from people treating it like an investment on Robinhood. Like the best opinion I can muster for it is apathy beyond its cool logo?

reed5point0

I did this last year around the same time after selling one of my rusty Broncos. SCRT being one of them. I have been around since late 2014, and SCRT so far has been the most epic experience for me. They don't pay me to shill their ecosystem, I just love the project that much. I'm gonna brag about it a bit. Look into [Button Group aka BUTTCOIN](https://thecoinperspective.com/compare/buttcoin-2) They are building baddass dapps of all kinds on [SCRT and NEAR.](https://btn.group/features) [SEFI](https://thecoinperspective.com/compare/secret-finance) the "official" afaik swap and defi app for the SCRT network. [Pretty Juicy APR too](https://app.secretswap.io/earn) [Sienna Network](https://thecoinperspective.com/compare/sienna) - pretty much the AAVE of SCRT Network with a DEX as well. Ontop of the Tarantino NFT dropping this week on SCRT, we have SHADE protocol (10m SUpply, alongside SILK a aggregate stable asset kinda like LUNA) dropping later, and Shinobi protocol (Native Wrapped BTC Bridge on SCRT) coming in Feb-ish...

Fragmented_Logik

I don't think it is. Governance is a utility. The project is DeFi based that's kind of the point. I don't think very project necessarily "needs" a coin or token to perform a task for that project. AAVE also allows you to get aTokens when you deposit which gives interest. I get what your saying as in the token doesn't do a specific thing like many projects have as in like filecoin. Where you need filecoin to retrieve data etc. It's more of just the representation of the project and governance. More like supporting the project lol

jwz9904

coin bureau has an AAVE update.

Repulsive-Register67

El Salvador, Brazil and now Spain and hopefully the rest of the world soon. Next is DeFi and DAOs taking the place of financial institutions eventually. It might take some time but thats okay cause I’m already invested early into DAOs like AAVE and especially ones like BitDAO considering they have the biggest treasury in the market and are investing it in multiple DeFi projects

soonseen

AAVE

marsangelo

Besides BTC/ETH, DOT MATIC LINK AAVE ONE and (hopefully) XRP

spicolispizza

AVAX is pretty awesome and I think it has room to grow. ATOM and osmosis with LUNA and UST has been doing just fine for me and outperforming ETH and it's comparables (AAVE, COMP, UNI) by miles lately 🤷‍♂️

Blooberino

AAVE and UNI are stuck in that "shit or get off the pot" twilight zone.

tokermanz

Idk what anyone says anything that says Inu green or moon is a scam not sure what to say. Furthermore Ponzi schemes rely on high rates to suck in suckers. Some defi projects are legit I heard defi kingdom is good or even AAVE lol, compound is a another good way to earn soo be careful before u get screwed.. my suggestion is to trade projects that are audited to ensure the numbers check out. Realistically someone owns either a ton of these tons and will screw everyone or this is legit.. either way I don't like it won't buy a penny of it

Fragmented_Logik

First was the idea behind it. Being able to lend but also guarenteing collateral. 2nd was the idea of institutions using it. (I know people hate the idea of banks) however, AAVE offers banks the ability to lend and make interest on a large scale but also offers the little guys like us to offer smaller amounts at probably better rates so it's kind of a win win. 3rd the market cap. It's crazy 250 Billion is locked up and it lost 1/5th of its value just from one whale. Def on sale imo 4th the social media stuff. I don't really care for it but a team of twitter/tik tok people I would imagine have experience helping things grow to mainstream needs. Lol I learned a lot in 2 hours

Fragmented_Logik

A little late but just wanted to say thank you. After you replied to me I went and looked them up. AAVE is now my 2nd biggest bag lol

coinfeeds-bot

tldr; The decentralized lending and borrowing protocol Aave (AAVE) has struggled to keep up with the rest of the crypto market since it crashed in May last year. However, Aave's CEO Stani Kulechov believes decentralized social media will be the next hot niche after non-fungible tokens (NFTs). With a market cap of $3 billion, AAVE could be undervalued by a factor of five and its fair valuation could be over $1,000. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

marsangelo

DeFi is a bargain right now, CRV and AAVE are a steal imo

Exotic_Cantaloupe_96

AAVE is a good choice in my opinion

nawabb

XMR,AAVE,NEO,Dash

Dymmesdale

Tranq is nice. It looks like an AAVE fork, but I’m not sure if it is, or just looks and acts like it.

busterrulezzz

AAVE is your friend, or Sushi for crosschain

snap_2020op_08op

What are the equivalents of Sushiswap, AAVE, and Defi Kingdoms on MTV?

Repulsive-Register67

Honestly just Google and discord. Worked fine for me up until now Usually I try my best to invest in projects with good back up. Think AAVE or even BitDAO considering they have the largest treasury in the market

Mandrake_m2

No one knows, a lot of factors play into upward movement you can't pinpoint it, but keep your eyes peeled. All the dipping got me in some projects like CRV, AAVE and recently BitDAO's BIT, and I'm looking forward to see what they do with upwards movement eventually.

Mandrake_m2

Unfortunately every single branch of economics or any subject related to anything will have its own jargon that you need to learn which gets extensively more annoying sometimes if it's community run, but when you spend some time here you'll get the hang of it. DCA, hodl, wagmi, took me sometime to get around, but I'm in some good projects like CRV, AAVE and BitDAO's BIT.

tiefensicht

I know a bit shit about fuck, and it's ONE to $1, it's destiny, u can't deny it when AAVE v3 joins Harmony AND TERRA Anchor 20% APY staking $ONE to $1 mark my words Bonus ONE becomes a meme coin, at least around $1

diggipiggi

The guy is not just suing PoolTogether but Compound, and Stani Kulechov ( CEO of AAVE ) Et al. over allegations of them operating as an illegal lottery in the State of New York. Link to the plaint https://cloudflare-ipfs.com/ipfs/bafybeic5n63eobhf4rzzsf6vypvlsrv67r7gjfui5drcq6fhv3lgvhutxa

99Thebigdady

Well right now usually discord communities are built around collections. There is no way to "request" something from the blockchain to someone. Like I said you can leave text in transactions, but first the person has to see they received a transaction, then open it and think about looking for the text. And then what? its gonna be costly to send text transactions back and forth. AAVE is building a decentralised social media platform on the ethereum blockchain, most likely on arbitrum which is a layer 2. People will be able to chat over that platform and post stuff while keeping their identity anonymous, with blockchain tech. But then you will need to communicate to these people, who bought your nfts, to be active on said platform. Blockchain tech is very new, a lot is being built right now. I suggest you follow stani.eth on twitter.

Pimpin4Paradise_

Lmao, like wizard coins are in some pedestal. And you’re just seeing that I post in Doge in response to the stupid shit I see in there. You want to know the projects I’m into? IOTA, HBAR, ADA, ONE, MATIC, ALGO, DOT, AAVE to name a few. Sure, pretend like your wizard token is special though.

Awhodothey

It's the same idea as UST, except only yield generating collateral can be used on Anchor, so LUNA and ETH staking rewards are added to the borrow APY. Also UST is decentralized and the stablecoins on AAVE are centralized.

Puppy_Coated_In_Beer

AAVE has honestly been performing terribly over the past year I wouldn't count it as a catalyst but yes with BTC now you're possibly in for a hell of a ride if the markets don't crash again.

Optimal-Ad-5891

AAVE and BTC are coming - big TVL - 10X.

Optimal-Ad-5891

AAVE and BTC are coming to ONE.

99Thebigdady

I suggest buying your crypto on exchanges that allows withdrawals directly on layer 2's such as optimism/arbitrum. I'm not very knowledgable on exchanges so i can't point you towards one, but do your research. AAVE (the decentralised platform) is soon to be released on these layer 2 with their new v3 app. If you want to make money doing yield farming (which is basically what you will be doing by taking a loan and earning more by lending at better rates), you will have to find the way to avoid Ethereum's mainnet , where fees are unbearable with the slim margin you will be making.

Odysseus_Lannister

FTM and AAVE. Saved y’all a click

mic_droo

Fantom and AAVE, respectively. saved you a click to a useless article.

i_reddit_at_reddit

I want to see a DeFi pump. Sushi started today. Give me some CRV and AAVE goodness

Mandrake_m2

Told my dad i got on DeFi recently and been getting slow steady profits from it, he was supportive as long as it isn't "dirty money" as he said. He's not much tech savvy lol. So yeah, been investing in projects like CRV, AAVE and recently one's with potential like BitDAO's BIT, my mother doesn't know about my crypto shenanigans yet.

Invest07723

I don't think we are entering a crypto winter, but if we were I believe many coins will survive, like MATIC, VET, ONE, AAVE, XLM, ALGO, etc.

greeneye44

I would say it has lost a liquidity battle because it's not EVM compatible hence difficult to transfer ERC assets to tezos (there is a ERC-tezos bridge though but those gas fees!) DeFi was actually kicking off the ground during summer, with lots of DEX but the lack of a AAVE style lending dapp was making it difficult to generate tangible DeFi value! However I don't think it's over, lots of DeFi should come up, Optimistic rollups with EVM compatibility should be integrated in 4-5 months so ETH forks can popup And Tezos is a great L1, super decentralised, POS, now tendermint deterministic consensus (in 1-2 months - already injected) and booming NFTs/Gaming, just need to channel this money to DeFi.....

Repulsive-Register67

Perfect example of “if you cant beat em, join em” Still govs will never be able to catch up to crypto. This is exactly why people should invest early in DeFi with projects like Curve and AAVE and especially BitDAO considering they have the largest treasury in the market and are investing it in multiple DeFi projects at the same time to improve the DeFi scene

GodCunt

Save you a click- the three other assets are AAVE, LINK, and WBTC. Was definitely thinking about replacing those with my own shilling, decided against it.

AutoModerator

Post is by: kingyusei and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/s24s4e/how_to_claimearn_your_interest_on_aave/ I am new to DEFI and currently exploring the beautiful world it provides. I have started exploring on the polygon network and found out about AAVE. I have deposited some MATIC tokens on AAVE to earn interest, but I only seem to be recieving interest in wMATIC tokens, which I have to claim manually. I couldn't find an answer to this anywhere so I hope I can get an answer here; Say I deposited funds, wether thats stable coins or MATIC, on the polygon chain into AAVE, I can see im earning WMATIC tokens as a reward, but shouldn't I get rewarded with another token/coin? I'm asking since it shows two different rewards ratio, and the second clearly states rewards in WMATIC, which I'm able to claim in the dashboard. ​ I've also added MATIC, wMATIC and AAVE to my wallet but it seems I have not gotten any rewards in there. I've read something about a\_tokens but can not seem to find any info regarding that on the AAVE website itself. I can not even find any information on how to claim interesting on the AAVE website either. ​ Maybe I am just dumb and looking over it? Hope someone can clear this up for me :D *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*

crydud

Do y'all immediately swap or hold coins given by DEXes and similar? I'm talking about CRV, OSMO, AAVE, VVS and so on

flarnrules

I guess it all depends on what you mean by serious endeavor. I can say for a fact that the amount of value locked on these protocols is in the billions of dollars, which in my opinion, is a quite serious endeavor. That said, the liquidity associated with traditional financial institutions is orders of magnitude higher... so I guess it's all a matter of perspective. That said, there are several platforms such as AAVE which have fantastic UI/UX and which seamlessly connect to all sorts of crypto wallets directly on the platform. The AAVE platform alone has around $13 billion worth of value locked on it, and has markets for many different crypto assets (stable coins and non-stable coins). For example, right now you can borrow DAI tokens (a stable crypto currency that tracks the price of USD) for 3.99% APY on a variable loan. While this borrowing rate seems quite high compared to things like mortgage rates, remember, you can literally borrow on this platform RIGHT THIS INSTANT as long as you have enough crypto currency locked on the platform. Basically, these protocols operate much differently from banks. Banks lend out money based on a fractional reserve system, whereby they only need to hold a percentage of their lent out funds as collateral. Decentralized protocols like AAVE operate based on an overcollateralized system, whereby the borrower can only borrow a portion of the funds they deposit on the platform. An example of a way to use the platform, is you can park your idle cash in DAI or USDC (another stable coin) earning roughly 1.5% - 3.5% APY. Let's say you deposit $10,000. Then you can borrow out some fraction of that based on the currency you deposited. For DAI / USDC / Other high quality stable coins, I believe the Loan to Value (LTV) ratio is around 75% worth of ETH. So in the case of my $10,000 deposit, I could borrow $7,500 worth of ETH and then go use that ETH for whatever the heck I wanted. There's no application process, there's no documents signed. This entire saving / lending platform is run by a sophisticated protocol in a trustless manner. It actually almost feels quite magical. While the above described type of savings and lending platform does not offer some obscene amount of leverage that something like a business loan would offer, what it does offer is an opportunity to expand the reach of limited capital, while also providing opportunity for competitive yields on your idle assets. Pretty neat stuff.

BritishSamurai

This would have been ever better if you'd done it a few days later. My poor sweet AAVE under $200 hurts

Mandrake_m2

I've gotten into governance tokens like AAVE and most recently BitDAO's BIT since they have a massive treasury backing them and have used it to better the platform and fund projects like EduDAO and Game7.

Educational-Spread41

Go check out AAVE and all the things you can do with it

Mandrake_m2

Exactly what i tell everyone, let's stop acting pretentious and get off our high horse when talking to people especially newcomers, it's turmoil most of the time and we give crappy opinions disguised as insight. No matter what you're investing in Wagmi, i got coins with utility like AAVE, CRV and some memecoins that have potential of growing more like ELON since they did a good pump not too long ago. Don't look down on anyone.

Jaybired

If I were to pick a project that I'm anticipating this year it will be Legends of Elumia. This one is a p2e mmorpg built on solana. It is a game of real quality graphics and utility token. Another p2e project that I'm anticipating is Mecha Morphing. I'm most thrilled about this one because it is a violence combat game. Players will be able to contest in PvP and PvE battles. I'm quite bullish on AAVE as well.

Mandrake_m2

It's highly unlikely that btc would drop that low, but we shouldn't be panicking about btc since it's getting enough panic as it is from the news already, let's just continue doing our thing, also the dip paved way for me to get into Crv, AAVE, and BitDAO's BIT as well.

bluetrain1

I believe AAVE is looking to develop an alternative to Twitter.

Fearless_Ball_1951

LRC, MANA, ENJ, ONE, CRO, ATOM, LUNA, AVAX, AAVE, MATIC are quite hyped right now and they have promising future and good tech as well. DYOR and pick whatever you like

NewChallengers_

AAVE, Compound, Cryptokitties, MaidSafe, IPFS, IOTA, BankerJoe, Golem, Mirror Protocol Stocks, WAVES minting, Minereum, there's infinity projects that do other things

Hot-Canceld

AAVE lets you borrow and lend to collect interest [https://aave.com/](https://aave.com/) Opensea let's you exchange NFTs [https://opensea.io/](https://opensea.io/)

Paskee

Fantastic question. Lets take XRP for example. They are used in banking sector for instant transfer of money between courtiers. Normally sending cash between branches of international banks is costly and slow - takes days. XRP takes seconds. VeChain - helps logistics. Lets say you produce laptops. You ship 500 laptops from China to Sweden via train through multiple countries, borders, etc. VeChain can provide information what happened to your cargo along the route. Where it is right now. And information on contest of shipment can not be altered. Basicly it makes harder for 20 laptops to "fall off a truck" along the way. ​ AAVE is used as lending protocol. Lets say you want to use your 50k BTC to loan 20k$ . But there is no bank that will allow that. Enter AAVE. They provide means for this to happened. These are just few examples. There are others.

millionreddit617

AAVE, Abracadabra

Oneofmanyshades

AAVE has hired Twitter data scientist and people from Apple to make a decentralised version of Twitter. It's so telling that this wasn't reported by popular media.

genjitenji

Let’s give a quick shout out to AAVE

SusGreen

I agree with you on AAVE they got some new partnerships.

Educational-Spread41

I still hold A nice batch of Sushi but I’d say look into AAVE if you’re looking into DeFi

Mandrake_m2

DeFi has a lot of ways you can make slow steady profit, staking coins or investing in Governance Tokens like AAVE, ALGO, or ones with large potential like BitDAO's BIT since they're backed by a massive treasury.

Mandrake_m2

Always heard and read about it being the future of financial stability, and when i got onto it I was able to experience and see that for myself. Most of my generation's dreams have been crushed through inflation, crypto was a means out. Since i joined I've gotten into a lot of projects, ups and downs, met a lot of people, the dip's been hard on us but i still invested in tokens like AAVE, ALGO, and ones with potential like BitDAO's BIT. Looking forward to the future, hope everyone's doing okay

Mandrake_m2

Bear or bull market you can still be doing something on here, personally i switched to DeFi and started investing in Governance Tokens like AAVE, and ones with potential like BitDAO's BIT. You don't have to wait for btc

Veridiyus

I will definitely be holding AAVE, ATOM, ETH, BTC, ADA, MATIC and LUNA

apolloandbackk

Honestly I see LINK, MATIC, ETH, and AAVE as my only long term holds right now. They are all solid projects and have a lot of use case, and despite price movements I see them as being big gainers 1-3 years down the line Every other crypto besides those seem very up in the air, except Bitcoin obviously

lrod45

For sure, figured this would be as good a time as ever to follow up. AAVE is still treating me very well. I feel as if my funds are secure there and they provide me with all the information I need to monitor my loan health. Thus far, they've made the entire process very easy.

Dymmesdale

I am too scared to try futures or options. I am dipping my feet in leverage a little bit using AAVE. It’s super scary.

baltr1ng

I'll save you a clic: FTX, FTT, Matic, LINK, AAVE.

Gravel_Sandwich

Guess you haven't seen AAVE's Matic pools..

MadamSlay

According to whale-surveying robot WhaleStats, Ethereum whales are currently accumulating layer-2 ETH solution Polygon (MATIC), crypto exchange FTX Token (FTT), oracle network Chainlink (LINK), decentralized finance protocol Aave (AAVE), and non-fungible token marketplace Enjin Coin (ENJ).