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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="quad" data-source="post: 16606545" data-attributes="member: 17952"><p>I've considered it but never bought. It runs on Ethereum. Looks like it has promise but is still a fairly new project. The supply is less than Bitcoin!</p><p></p><p><a href="https://cryptoticker.io/en/aave-earn-interest-ethereum-token/" target="_blank">Aave: How To Earn Interest On Your ERC-20 Tokens - CryptoTicker</a></p><p></p><p>Aave is a decentralized lending platform built on Ethereum. The most important step the project took, was transforming from a market place for loans to pool lending. In pool lending, lenders put their tokens together in a pool, out of which borrowers take their loans. The interest rate is determined by supply and demand. The higher the %age of a pool is already loaned out, the higher the interest rate. In a market place, lender and borrows set their interest rate and waited for someone to take them up on their offer. This process was rather strenuous and inefficient.</p></blockquote><p></p>
[QUOTE="quad, post: 16606545, member: 17952"] I've considered it but never bought. It runs on Ethereum. Looks like it has promise but is still a fairly new project. The supply is less than Bitcoin! [URL="https://cryptoticker.io/en/aave-earn-interest-ethereum-token/"]Aave: How To Earn Interest On Your ERC-20 Tokens - CryptoTicker[/URL] Aave is a decentralized lending platform built on Ethereum. The most important step the project took, was transforming from a market place for loans to pool lending. In pool lending, lenders put their tokens together in a pool, out of which borrowers take their loans. The interest rate is determined by supply and demand. The higher the %age of a pool is already loaned out, the higher the interest rate. In a market place, lender and borrows set their interest rate and waited for someone to take them up on their offer. This process was rather strenuous and inefficient. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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