Aave is an open source non-custodial protocol on Ethereum for decentralized lending and borrowing.
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.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 4, 2022 | Secondary Market | — | 1 | — | — | Detail |
Jan 30, 2021 | Secondary Market | — | 1 | — | — | Detail |
Oct 12, 2020 | Series Unknown | $25M | 4 |
Blockchain Capital
Blockchain.com Ventures Standard Crypto |
— | Detail |
Jul 15, 2020 | Initial Coin Offering | $3M | 3 | Framework Ventures | — | Detail |
Jul 1, 2020 | Initial Coin Offering | — | 1 | DTC Capital | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Jul 9, 2019
Auro Travel
|
Series Unknown | €10M | Logistics | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Blockchain Capital | Yes | Series Unknown |
Blockchain.com Ventures | Yes | Series Unknown |
Standard Crypto | Yes | Series Unknown |
Framework Ventures | Yes | Initial Coin Offering |
DTC Capital | Yes | Initial Coin Offering |
IBM | Yes | Seed |
Caesar Chad | — | Secondary Market |
James Sowers | — | Secondary Market |
Genesis One Capital | — | Series Unknown |
Ganesh Kompella | — | Initial Coin Offering |