Lendefi Token

Overview of Lendefi Token

  • Lendefi token holders will then be able to use the web dApp to swap their ERC-20 for BEP-20, with only having to pay the transaction fee.
  • Lendefi token holders will then be able to use the web dApp to redeem their ERC-20 for BEP-20, without having to pay transaction fees.
  • LenDeFi Token is currently trading on 2 exchanges, with a 24hr trade volume of $72,690.
  • LenDeFi Token (LDFI) is currently ranked as the #1415 cryptocurrency by market cap.
  • LenDeFi Token (ERC-20) had an all-time high of $1.4317 3 months ago.
  • LenDeFi Token had an all-time high of $0.916060 27 days ago.
  • LenDeFi Token (LDFI) price is up 2.10% in the last 24 hours.
  • LenDeFi Token (ERC-20)'s market cap is unknown.
  • LenDeFi Token (ERC-20) is traded on exchanges.
  • LenDeFi Token's market cap is unknown.
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    What is AAVE ($LEND)?

    Aave Protocol with their native token $LEND is a leading company within the decentralized finance (DeFi) sphere.The Company allows its users access to its open-source and non-custodial protocol to create money markets, joining a growing list of projects like Compound to bring decentralized options to the masses.We look at who is Aave ($LEND), its uses and how it differs from other projects such as Compound Finance.

    What is Aave Protocol?

    Aave’s biggest and most integral aspect is Aave Protocol which was launched in January 2020.Its shift from ETHLend marked a significant shift in strategy for the Company.Going from decentralized P2P lending to a pool-based strategy, Aave Protocol is an open source an non-custodial protocol that allows users to create their own decentralized money markets on the Ethereum blockchain.

    What is Aave?

    Named after the Finnish word for “ghost”, London-based company Aave was set up in September 2018 after a successful initial coin offering (ICO) the previous year for its ETHLend token which raised USD$16.2 million.The executive team under ETHLend migrated to Aave upon its establishment with ETHLend becoming a subsidiary of Aave.In January 2020, ETHLend announced it was no longer in operation and its website would only remain active for current users to close down their existing loans.

    Which Cryptocurrency Tokens are linked?

    There are 19 tokens available on Aave.These include DAI, USD Coin (USDC), TrueUSD (TUSD), USDT Coin (USDT), sUSD, Binance USD (BUSD), Ethereum (ETH), Basic Attention Token (BAT), Kyber Network (KNC), ChainLink (LINK), Decentraland (MANA), Maker (MKR), Augur (REP), SNK, Enjin Coin (ENJ), REN, WBTC Coin (WBTC), Yearn.finance (YFI) and Ox Coin (ZRX).

    Who is the team behind Aave?

    Aave has a wealth of talent and experience within its team.Stani Kulechov (CEO) and Jordan Lazaro Gustave (COO) have retained and migrated their roles from ETHLend, bringing their wealth of knowledge to Aave.Their diverse 18 man team bring together a wealth of experience in the startup scene.

    History of Lendefi Token