DeFi decrypted: Aave and LEND — AAX Academy
Aave is a lending application that gives users a way to lend and borrow a range of cryptocurrencies using both variable and stable interest rates. It is named after the Finnish word for “ghost”, representing their focus on creating a transparent and open infrastructure for decentralized finance.
AAX is the world’s first digital asset exchange to be powered by LSEG Technology. Offering OTC, spot, and futures, it provides a highly secure, deeply liquid and ultra-low latency trading environment; and a meeting point between crypto and global finance.
Originally published at https://academy.aax.com on August 17, 2020.