Aave was developed by Stani Kulechov in 2017. Basically it is a platform that allows concluding lending contracts to borrow a great variety of cryptocurrencies, with the opportunity to use both stable and variable interest rates.
The platform has two main functions: to create conditions for the conclusion of a contract and to track its implementation. Aave is an anonymous platform so the lender doesn’t receive information about the borrower. The platform uses smart contract security technology where AAVE coin is used as collateral that defense outstanding loans.
Nowadays Aave coin is among the TOP 50 cryptocurrencies by crypto market capitalization. Today Aave price is 336.5363 USD. If you want to buy AAVE coins – just go to the StealthEX exchange platform where you can easily get them with a low fee.