Aave

Misc Decentralized Exchanges

Description:


WARNING! You are responsible for your private keys. If you lose them, your crypto is gone. There's nothing ANYONE can do for you. With freedom comes responsibility.

Aave is a decentralized non-custodial money market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion. Key feature here is "flash loans", where you can borrow tons of money for just a few seconds to make a quick exchange and a quick buck, er.. quick CRYPTO, and return the borrowed crypto instantly. OR you can LEND that crypto for others to make flash loans.

Decentralization

Aave will work without centralized DNS. It will work without central servers. User accounts are self-hosted, meaning the user is in full control. Monetization is uncensorable and unstoppable with cryptocurrencies.

DNS Servers User Accounts Crypto Monetization

  = unknown or n/a    = Decentralized    = Centralized

1 Useful Link...

Website