Aave vs. Traditional Finance: Why DeFi Wins Aave is one of the very influential projects in the decentralized finance (DeFi) space, offering a decentralized platform for borrowing and lending digital assets. Launched in 2017 by Stani Kulechov, Aave started as ETHLend, a peer-to-peer lending platform. However, while the DeFi ecosystem began evolving, ETHLend rebranded as Aave in 2020, shifting from the peer-to-peer to a pool-based lending...
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