Long Thesis - Aave
Mar 29, 2023
• 11
Min Read
Introduction
Founded by Stani Kuchelov, Aave (formerly LEND) is the largest DeFi lending market by TVL (~$8b across v2 and v3) and the fifth largest dApp overall. The protocol is currently live across five networks and 11 markets, hosting more than 30 assets across its platform. In July ‘22, Aave announced that they are launching their native stablecoin, $GHO, in the near future. Apart from allowing users to mint against yield-bearing assets, we believe that GHO possesses a few features that will catalyze the r...Finish reading this report for free
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