Aave (LEND) Gets Listed on KuCoin!
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great DeFi project coming to our trading platform. Aave (LEND) is now available on KuCoin. Supported trading pairs include LEND/USDT and LEND/BTC.
Please take note of the following schedule:
- Deposit: already open
- Trading LEND/USDT : 18:00 on September 1, 2020 (UTC+8)
- Trading LEND/BTC : 18:00 on September 1, 2020 (UTC+8)
- Withdrawal: 22:00 on September 1, 2020 (UTC+8)
Project Summary
Aave (fun fact: the name is taken from the Finnish word for "ghost") is a decentralized, open-source, and non-custodial protocol for money market creation on Ethereum. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain loans by tapping into these pools with variable and stable interest rate options. Aave Protocol is unique in that it tokenizes deposits as aTokens, which accrue interest in real time. It also features access to Flash Loans, the first uncollateralized loan option in DeFi. Currently, Aave Protocol offers 2 markets: the Aave Market and the Uniswap Market.
Website: https://aave.com/
Whitepaper: https://github.com/aave/aave-protocol/blob/master/docs/Aave_Protocol_Whitepaper_v1_0.pdf
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team