Aave [OLD]

Aave is a decentralized finance protocol that lets people lend and borrow crypto. Digital assets are deposited into special liquidity pools where lenders earn interest. Through this liquidity, crypto can then be used as collateral for flash loans. LEND is an Ethereum-based token on Aave which provides discounts on deployment fees, holders of LEND receive discounted fees on the platform, and it serves as a governance token.