-
Bitcoin
$114400
0.68% -
Ethereum
$3550
2.48% -
XRP
$3.001
4.99% -
Tether USDt
$0.9999
0.01% -
BNB
$757.6
1.46% -
Solana
$162.9
1.07% -
USDC
$0.9998
0.00% -
TRON
$0.3294
0.91% -
Dogecoin
$0.2015
2.46% -
Cardano
$0.7379
2.01% -
Stellar
$0.4141
8.83% -
Hyperliquid
$37.83
-1.91% -
Sui
$3.454
0.76% -
Chainlink
$16.62
3.53% -
Bitcoin Cash
$554.6
2.84% -
Hedera
$0.2486
3.91% -
Ethena USDe
$1.001
0.00% -
Avalanche
$21.95
3.34% -
Toncoin
$3.563
-2.85% -
Litecoin
$112.7
2.65% -
UNUS SED LEO
$8.977
0.13% -
Shiba Inu
$0.00001232
1.85% -
Uniswap
$9.319
2.93% -
Polkadot
$3.632
1.38% -
Monero
$307.2
2.36% -
Dai
$0.9997
-0.03% -
Bitget Token
$4.340
0.91% -
Pepe
$0.00001048
1.07% -
Cronos
$0.1348
3.26% -
Aave
$261.5
1.93%
AAVE coin issuance price, total amount and white paper introduction
Launched in 2017 as ETHLend, Aave emerged as a decentralized liquidity protocol in 2020, rebranding from its original iteration and introducing a native token, AAVE, for governance and rewards.
Dec 29, 2024 at 07:17 pm

Key Points:
- AAVE Coin Issuance Price and Total Supply
- Origins of AAVE Protocol and Coin
- Utility and Functionality of AAVE
- AAVE White Paper Overview
- FAQs on AAVE
Introduction
Aave is a decentralized, open-source liquidity protocol that enables users to borrow and lend crypto assets. AAVE is the native token of the protocol, powering its governance and earning rewards. This article explores the intricacies of AAVE, including its issuance price, total supply, white paper, and comprehensive FAQs.
AAVE Coin Issuance Price and Total Supply
AAVE was initially issued at a price of $0.50 during its initial coin offering (ICO) on October 17, 2017. The total supply of AAVE is 16,082,025 tokens, with no plans for further issuance.
Origins of AAVE Protocol and Coin
The Aave protocol was developed by Stani Kulechov, a former Ethereum developer. The protocol's initial iteration, ETHLend, launched in November 2017 and acted as a peer-to-peer lending platform for Ethereum-based assets. In September 2020, ETHLend rebranded as Aave, which means "ghost" in Finnish.
Utility and Functionality of AAVE
AAVE serves as the governance token of the Aave protocol, allowing holders to participate in decision-making regarding the platform's future. Additionally, AAVE is integral to the protocol's staking mechanism. Users can stake AAVE to earn rewards proportional to the value of their holdings.
AAVE White Paper Overview
The Aave white paper, titled "A Decentralized Lending Protocol for Ethereum," was published in September 2020. It outlines the protocol's architecture, features, and tokenomics. Key highlights include:
- Decentralized Governance: AAVE holders can submit and vote on proposals to modify the protocol parameters.
- Risk Management: The protocol incorporates sophisticated risk assessment techniques to mitigate the risk of loan defaults.
- Security Mechanisms: Aave employs multiple security measures, including smart contract audits and a decentralized oracle provider.
FAQs on AAVE
1. What is the difference between AAVE and ETHLend?
AAVE is the rebranded and evolved version of the original ETHLend protocol. Aave introduces numerous enhancements, including improved security, decentralization, and additional features.
2. How do I earn AAVE rewards?
AAVE rewards can be earned by:
- Providing liquidity to the Aave protocol (lending assets)
- Borrowing assets from the Aave protocol
- Staking AAVE tokens
3. Can I buy AAVE on centralized exchanges?
Yes, AAVE is listed on reputable centralized exchanges such as Binance, Coinbase, and Kraken.
4. Is AAVE a good long-term investment?
The value of AAVE is influenced by various factors, including market conditions, protocol adoption, and governance decisions. While its past performance indicates a promising investment, future returns are unpredictable.
5. What are the current projects within the Aave ecosystem?
The Aave ecosystem encompasses diverse projects, including:
- Aave V3: The latest iteration of the Aave protocol with enhanced functionality and efficiency.
- GHO: A decentralized stablecoin project backed by the Aave ecosystem.
- Aavegotchi: A metaverse where users can collect and interact with Aave-themed NFTs.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Cryptocurrency, Altcoins, and Profit Potential: Navigating the Wild West
- 2025-08-04 14:50:11
- Blue Gold & Crypto: Investing Disruption in Precious Metals
- 2025-08-04 14:30:11
- Japan, Metaplanet, and Bitcoin Acquisition: A New Era of Corporate Treasury?
- 2025-08-04 14:30:11
- Coinbase's Buy Rating & Bitcoin's Bold Future: A Canaccord Genuity Perspective
- 2025-08-04 14:50:11
- Coinbase's Buy Rating Maintained by Rosenblatt Securities: A Deep Dive
- 2025-08-04 14:55:11
- Cryptos, Strategic Choices, High Returns: Navigating the Meme Coin Mania
- 2025-08-04 14:55:11
Related knowledge

What is Chainlink (LINK)?
Jul 22,2025 at 02:14am
Understanding Chainlink (LINK): The Decentralized Oracle NetworkChainlink is a decentralized oracle network designed to bridge the gap between blockch...

What is Avalanche (AVAX)?
Jul 22,2025 at 08:35am
What is Avalanche (AVAX)?Avalanche (AVAX) is a decentralized, open-source blockchain platform designed to support high-performance decentralized appli...

What is Polkadot (DOT)?
Jul 19,2025 at 06:35pm
Understanding the Basics of Polkadot (DOT)Polkadot (DOT) is a multi-chain network protocol designed to enable different blockchains to transfer messag...

What is Litecoin (LTC)?
Jul 23,2025 at 11:35am
Overview of Litecoin (LTC)Litecoin (LTC) is a peer-to-peer cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. It is oft...

What is Monero (XMR)?
Jul 21,2025 at 10:07am
What is Monero (XMR)?Monero (XMR) is a decentralized cryptocurrency designed to provide enhanced privacy and anonymity for its users. Unlike Bitcoin a...

How to add indicators to Ethereum chart on TradingView?
Jul 19,2025 at 07:15am
What Is an Ethereum Chart on TradingView?The Ethereum chart on TradingView is a visual representation of the price movement of Ethereum (ETH) over a s...

What is Chainlink (LINK)?
Jul 22,2025 at 02:14am
Understanding Chainlink (LINK): The Decentralized Oracle NetworkChainlink is a decentralized oracle network designed to bridge the gap between blockch...

What is Avalanche (AVAX)?
Jul 22,2025 at 08:35am
What is Avalanche (AVAX)?Avalanche (AVAX) is a decentralized, open-source blockchain platform designed to support high-performance decentralized appli...

What is Polkadot (DOT)?
Jul 19,2025 at 06:35pm
Understanding the Basics of Polkadot (DOT)Polkadot (DOT) is a multi-chain network protocol designed to enable different blockchains to transfer messag...

What is Litecoin (LTC)?
Jul 23,2025 at 11:35am
Overview of Litecoin (LTC)Litecoin (LTC) is a peer-to-peer cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. It is oft...

What is Monero (XMR)?
Jul 21,2025 at 10:07am
What is Monero (XMR)?Monero (XMR) is a decentralized cryptocurrency designed to provide enhanced privacy and anonymity for its users. Unlike Bitcoin a...

How to add indicators to Ethereum chart on TradingView?
Jul 19,2025 at 07:15am
What Is an Ethereum Chart on TradingView?The Ethereum chart on TradingView is a visual representation of the price movement of Ethereum (ETH) over a s...
See all articles
