-
Bitcoin $94,418.4625
0.25% - Ethereum
$1,794.1509
0.03% - Tether USDt
$1.0003
0.01% - XRP
$2.1981
-2.03% - BNB
$599.8328
-0.04% - Solana
$147.1609
0.62% - USDC
$1.0001
0.01% - Dogecoin
$0.1727
-0.93% - Cardano
$0.6834
-1.59% - TRON
$0.2469
1.19% - Sui
$3.4939
-0.25% - Chainlink
$14.2963
-2.12% - Avalanche
$21.1060
-1.92% - Stellar
$0.2721
-1.88% - UNUS SED LEO
$9.0487
0.78% - Toncoin
$3.1769
0.10% - Shiba Inu
$0.0...01327
-0.79% - Hedera
$0.1825
-1.65% - Bitcoin Cash
$365.1780
0.12% - Hyperliquid
$19.4704
6.07% - Polkadot
$4.0975
-1.03% - Litecoin
$83.7883
-1.49% - Dai
$1.0000
-0.03% - Monero
$275.8466
0.51% - Bitget Token
$4.3424
-0.88% - Ethena USDe
$1.0003
0.06% - Pi
$0.6221
7.86% - Pepe
$0.0...08949
0.86% - Uniswap
$5.2904
0.90% - Aptos
$5.3627
-1.70%
AAVE coin issuance price
Launched in November 2020 with an initial issuance price of $1.00, AAVE's token has gained significant value, reaching over $10 within a few months following its launch.
Dec 30, 2024 at 11:59 am
Key Points:
- AAVE is a decentralized lending protocol that allows users to borrow and lend cryptocurrencies.
- The AAVE token is the native token of the AAVE protocol.
- The AAVE token was launched in November 2020 with an initial issuance price of $1.00.
Understanding the Issuance of AAVE Coin
Initial Coin Offering (ICO):
- The AAVE token was issued through an ICO in November 2020.
- The ICO raised over $16 million, selling 16 million AAVE tokens at an initial price of $1.00 per token.
- The purpose of the ICO was to fund the development of the AAVE protocol and to distribute tokens to early adopters.
Token Distribution:
- Of the 16 million AAVE tokens issued in the ICO, 40% were distributed to the AAVE team, 30% were sold in the ICO, and 20% were allocated to the AAVE ecosystem reserve.
- The remaining 10% of tokens were reserved for future incentives, such as staking rewards and liquidity mining.
Secondary Market Trading:
- After the ICO, AAVE tokens were listed on several cryptocurrency exchanges.
- The tokens quickly gained value, trading at over $10 within a few months.
- The price of AAVE has continued to fluctuate since its launch, influenced by factors such as market demand, platform updates, and overall market conditions.
Tokenomics:
- The AAVE token has a total supply of 16 million tokens.
The token serves several functions within the AAVE protocol, including:
- Governance: AAVE token holders can vote on proposals to govern the protocol's development.
- Security: AAVE tokens are used to secure the protocol through staking.
- Incentives: AAVE token holders can earn rewards for providing liquidity or participating in governance.
FAQs:
Q: What was the initial issuance price of the AAVE coin?
A: $1.00
Q: How many AAVE tokens were issued in the ICO?
A: 16 million
Q: What percentage of the AAVE token supply was distributed to the AAVE team?
A: 40%
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.
- NOIDA (CoinChapter.com) — Despite Favorable Technicals, XRP Price Underperforms BTC and ETH
- 2025-04-30 23:40:12
- Elderly US individual loses $330 million in Bitcoin to social engineering hack, now the fifth-largest crypto heist
- 2025-04-30 23:40:12
- Charles Hoskinson Takes a Jab at Bitcoin's Internal Struggles Over Controversial Code Update
- 2025-04-30 23:35:13
- How Much XRP Could Make You a Millionaire in Just a Few Years?
- 2025-04-30 23:35:13
- The U.S. Securities and Exchange Commission (SEC) has postponed decisions on the approval of ETFs for XRP and Dogecoin.
- 2025-04-30 23:30:12
- Solana (SOL) Surges Past Ethereum and Binance Smart Chain in Net Transfer Volume
- 2025-04-30 23:30:12
Related knowledge
Is BSV worth holding for a long time? Which is more suitable, fixed investment or one-time purchase?
Apr 30,2025 at 08:39pm
Is BSV worth holding for a long time? Which is more suitable, fixed investment or one-time purchase? Bitcoin SV (BSV) has been a topic of interest and debate within the cryptocurrency community since its inception. Stemming from a hard fork of Bitcoin Cash (BCH), BSV aims to fulfill the original vision of Bitcoin as outlined by Satoshi Nakamoto, focusin...
Is BSV OTC reliable? How to avoid fraud in OTC transactions?
Apr 30,2025 at 09:57pm
Is BSV OTC reliable? How to avoid fraud in OTC transactions? When it comes to trading cryptocurrencies, particularly Bitcoin SV (BSV), over-the-counter (OTC) markets offer a platform for large volume trades away from traditional exchanges. However, the reliability of BSV OTC markets and the risk of fraud are concerns that many traders face. This article...
How to track the addresses of Walrus (WAL) big holders? What is the reference value of their movements?
Apr 30,2025 at 09:49pm
How to Track the Addresses of Walrus (WAL) Big Holders? What is the Reference Value of Their Movements?Tracking the addresses of big holders, or 'whales,' in the cryptocurrency ecosystem can provide valuable insights into market trends and potential price movements. For Walrus (WAL), a lesser-known cryptocurrency, understanding how to monitor these sign...
How to use technical indicators to analyze the trend of Walrus (WAL)? Which indicators are most effective
Apr 30,2025 at 09:00pm
Analyzing the trend of a cryptocurrency like Walrus (WAL) involves using various technical indicators to gain insights into its price movements. Technical indicators are mathematical calculations based on the price, volume, or open interest of a security, and they help traders and investors make informed decisions. In this article, we will explore how t...
What to do if the price of Walrus (WAL) plummets? What are the emergency stop-loss strategies
Apr 30,2025 at 10:21pm
If you are holding Walrus (WAL) and its price suddenly plummets, it's crucial to have a clear strategy to minimize your losses. This article will guide you through the steps you should take and the emergency stop-loss strategies you can employ to protect your investment. Understanding the Walrus (WAL) Price DropWhen the price of Walrus (WAL) plummets, i...
How to calculate the transaction fee of Walrus (WAL)? How to reduce transaction costs
Apr 30,2025 at 11:28pm
How to Calculate the Transaction Fee of Walrus (WAL)? How to Reduce Transaction Costs When engaging with cryptocurrencies like Walrus (WAL), understanding and managing transaction fees is crucial for efficient and cost-effective transactions. This article will guide you through the process of calculating the transaction fee for Walrus (WAL) and provide ...
Is BSV worth holding for a long time? Which is more suitable, fixed investment or one-time purchase?
Apr 30,2025 at 08:39pm
Is BSV worth holding for a long time? Which is more suitable, fixed investment or one-time purchase? Bitcoin SV (BSV) has been a topic of interest and debate within the cryptocurrency community since its inception. Stemming from a hard fork of Bitcoin Cash (BCH), BSV aims to fulfill the original vision of Bitcoin as outlined by Satoshi Nakamoto, focusin...
Is BSV OTC reliable? How to avoid fraud in OTC transactions?
Apr 30,2025 at 09:57pm
Is BSV OTC reliable? How to avoid fraud in OTC transactions? When it comes to trading cryptocurrencies, particularly Bitcoin SV (BSV), over-the-counter (OTC) markets offer a platform for large volume trades away from traditional exchanges. However, the reliability of BSV OTC markets and the risk of fraud are concerns that many traders face. This article...
How to track the addresses of Walrus (WAL) big holders? What is the reference value of their movements?
Apr 30,2025 at 09:49pm
How to Track the Addresses of Walrus (WAL) Big Holders? What is the Reference Value of Their Movements?Tracking the addresses of big holders, or 'whales,' in the cryptocurrency ecosystem can provide valuable insights into market trends and potential price movements. For Walrus (WAL), a lesser-known cryptocurrency, understanding how to monitor these sign...
How to use technical indicators to analyze the trend of Walrus (WAL)? Which indicators are most effective
Apr 30,2025 at 09:00pm
Analyzing the trend of a cryptocurrency like Walrus (WAL) involves using various technical indicators to gain insights into its price movements. Technical indicators are mathematical calculations based on the price, volume, or open interest of a security, and they help traders and investors make informed decisions. In this article, we will explore how t...
What to do if the price of Walrus (WAL) plummets? What are the emergency stop-loss strategies
Apr 30,2025 at 10:21pm
If you are holding Walrus (WAL) and its price suddenly plummets, it's crucial to have a clear strategy to minimize your losses. This article will guide you through the steps you should take and the emergency stop-loss strategies you can employ to protect your investment. Understanding the Walrus (WAL) Price DropWhen the price of Walrus (WAL) plummets, i...
How to calculate the transaction fee of Walrus (WAL)? How to reduce transaction costs
Apr 30,2025 at 11:28pm
How to Calculate the Transaction Fee of Walrus (WAL)? How to Reduce Transaction Costs When engaging with cryptocurrencies like Walrus (WAL), understanding and managing transaction fees is crucial for efficient and cost-effective transactions. This article will guide you through the process of calculating the transaction fee for Walrus (WAL) and provide ...
See all articles
