What is AAVE? (Animated) Crypto Borrowing and Lending Explained



What is AAVE? AAVE is a cryptocurrency borrowing and lending platform that runs mostly on the Ethereum network. You can …


30 Comments

  1. do u know why people are not LIKING your vids? it's because we dont want the rest of the world to know about it 🙂

  2. Hay ,man I really love your video
    I came across new crypto company
    Which is really popular in my area around 100 of people have invested in this company. But when I look in
    Web there is no good new about this country if it is legit
    Can you make video in hyperverse and legitimate

  3. I'm 42 and my wife 35 we are both retired with over $3million in net worth and no debts . Currently living smart and frugal with our money . Saving and investing lifestyle in the crypto market made it possible for us this early even till now we earn weekly .All Thanks to alexis susan welsh for the mining opportunity, and i even own properties now, you can look her up online

  4. I don't think AAVE is the cryptocurrency version of a commercial bank. Commercial banks purchase securities – namely a security you issue in the case of a personal 'loan'. The bank's and your balance sheets both increase without any money being transferred from anywhere else (e.g. Imaginary-Bob's balance sheet stays the same). That is, no loan has been given, because the money didn't come from anywhere but thin air and because the bank does not own the thing they supposedly loaned to you.

    What AAVE seems to do is in fact actual lending and borrowing. At least as far as I currently understand. Very different systems. Very big consequences with respect to the different 'currency worlds' (fiat vs. crypto).

    EDIT:
    I am surprised by the fact that as big crypto has become, there is very little discussion about the basic differences between the two worlds (crypto and fiat). More specifically, about the differences in the lending (or 'lending') protocols. The fact that commercial banks have somewhat free hands (yes, there are reserve ratio requirements) in money supply is huge. People talk about the money supplied by central banks, but not commercial banks. And how this relates to the crypto world is in my opinion a huge issue. Please, link some interesting videos if you have come across to such discussions. I would be very interested.

  5. Reading about people grabbing multi-figures monthly as income in investment even in this crazy days in the market, any pointers on how to make substantial progress in earnings? would be appreciated

  6. I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

  7. Hello Mrs Treasure the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy

  8. I've been in the crypto space since the great pump of 17. I've heard about DeFi , wrapped tokens , Aave etc. But after watching ur vids I for the first time , understand them.

  9. I HAVE BEEN MAKING LOSSES TRADING MYSELF…I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET… CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

  10. Now they stealimg our terms 😐
    African American Vernacular English

    Us black people don't wanna be involved in your White currency

  11. Building wealth involves developing good habits like
    regularly putting money away in intervals for solid
    investments. The stock market has plenty of
    opportunities to earn which I myself took advantage of.
    I made my first million from going diverse, mainly
    ETFs(stocks, bonds etc), bitcoin, and gold. Investing in any of these should be in everyones mind.

  12. My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I'm constantly up.

  13. So I can just deposit 1.2k in ETH borrow 1k in tether, swap it for ETH then deposit that 1k for more leverage to borrow more 2k in Tether. Repeat 5 times and you'll be holding 32k in Eth with an initial 1.2k original leverage. Then dip.

  14. I don’t see how liquidation is a risk at all in the first example. If your crypto has gone down over 80%, why would you want it back anyways. Just default.

    So in this example, I actually saved myself from massive loss and risk by lending. If I wouldn’t have lended, My $100 would have turned into $20, I basically lost my whole investment!!!! But since I took a loan against it, I capped my maximum losses at 20%, ensuring I don’t get absolutely rekt and not even having to worry about selling. not too shabby.

  15. Dude on Facebook and Discord they are talking about a NFT game called Mononoke Inu, on ETH and Uniswap, do you think it's worth being there?

    I am new and still need to learn, thanks
    Good video, New sub!

  16. I don't understand the example he gives to justify overcollateralised loans.

    He starts with $100 worth of ETH, call it x. He gets 80 USD on the loan.

    Later he pays back the 80 and gets x ETH, now worth $200.

    So what? If he had just held the original x ETH he'd have the same $200USD worth of ETH. What did he gain by paying the gas costs for interacting with the contract?

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