In this episode, Bobby Ong, co-founder of CoinGecko is joined by Stani Kulechov, Founder and CEO of Aave. Bobby interviewed Stani on Aave, its Flash Loans, its aTokens as well as Aave’s upcoming plans.
[00:01:16] History of Aave
[00:03:56] Flash Loans
[00:09:48] Differences between aTokens from Aave and cToken from Compound
[00:15:50] How is the variable interest rate and stable interest rate set on Aave?
[00:21:41] Aave’s plans with respect to its governance
[00:26:31] Importance of rewarding Aave token holders
[00:28:42] Ideas for developers to build on top of Aave
[00:33:39] What can Aave do with the Electronic Money Institution (EMI) license?
[00:35:00] Upcoming news to expect from Aave
Quotes from the episode:
“One of the biggest Flash Loan days we have probably like 133 million worths of Flash Loans, a day.” [00:07:33]
“If you go into a mindset where Ethereum is a database and basically you can change the database and make it work for you kind of like put away the limitations.” [00:14:10]
“We are actually building the version two. It's actually now audited by five different auditors at the moment and we expect it to be released in the, quite soon.” [00:35:11]
Aave - https://aave.com/
Aave Watch - https://aavewatch.com/
Furucombo - https://furucombo.app/
CoinGecko - https://www.coingecko.com/
Aave (LEND) on CoinGecko - https://www.coingecko.com/en/coins/aave