Money Talk
Your thoughts on AAVE?
Submitted by cvinogradoff, 29-09-2020, 01:13 PM, Thread ID: 182127
Thread Closed
29-09-2020, 01:13 PM
#1 So my friend suggested I buy(?) this token but I'm not sure how it actually works. He told me there's some sort of a lending and borrowing system which is impressive for a cryptocurrency imo. So what do you guys think?
RE: Your thoughts on AAVE? 29-09-2020, 08:23 PM #2 I would not buy it now, it has gone up several hundred percent and needs to cool off. It is a good project though, it allows you to deposit some of the Ethereum based cryptocurrencies and get interest on them as well as borrow said assets. If you're borrowing though you need to provide double the crypto to back your loan. So borrowing 50$ requires you to have 100$ essentially.
29-09-2020, 08:23 PM
#2 I would not buy it now, it has gone up several hundred percent and needs to cool off. It is a good project though, it allows you to deposit some of the Ethereum based cryptocurrencies and get interest on them as well as borrow said assets. If you're borrowing though you need to provide double the crypto to back your loan. So borrowing 50$ requires you to have 100$ essentially.
RE: Your thoughts on AAVE? 02-10-2020, 11:53 PM #3 i dont think it is good, you better find another stuff, but you can try it anyways
02-10-2020, 11:53 PM
#3 i dont think it is good, you better find another stuff, but you can try it anyways
RE: Your thoughts on AAVE? 03-10-2020, 11:06 AM #4 i am sorry forever for not joining bitcoin madness when they started. now crypto money is creeping everywhere. this is a good one to put dough on it. so if you need you buy. good for you. they rise everyday. very good ratings.
03-10-2020, 11:06 AM
#4 i am sorry forever for not joining bitcoin madness when they started. now crypto money is creeping everywhere. this is a good one to put dough on it. so if you need you buy. good for you. they rise everyday. very good ratings.