Buy Aave online

Aave is a decentralized protocol that was created in 2017 under the original name ETHLend by Stani Kulechov.
It is a platform on which users can mainly do lending (making cryptos available) and borrowing (borrowing cryptos).
When lending, users block their cryptos in order to provide liquidity to the pools.
In return, they earn income by earning tokens.
Borrowing, on the other hand, enables investors to obtain crypto loans by pledging a quantity of collateral defined by the LTV (Loan to Value) ratio.
AAVE ensures the security of its DeFi protocol with regular audits.
The creation of a “bug bounty program” since 2022 also gives hackers the opportunity to alert on the presence of possible flaws.
The platform belongs to decentralized finance, since cryptos are exchanged transparently and directly via liquidity pools.
Incidentally, the name AAVE comes from the Finnish word for “ghost”!
Originally present only on Ethereum, the decentralized Aave protocol is now compatible with various blockchains such as Optimism, Polygon, Avalanche, Fantom(FTM purchase), Harmony and Arbitrum.
Aave’s capitalization exceeds $1.18 billion (June 2024).
The AAVE platform’s native token was originally called LEND, before being renamed AAVE.
It is a utility token that enables users to benefit from reduced fees, participate in governance and staking.

In the highly competitive DeFi ecosystem, AAVE stands out in particular for its “flashloans” offering.
Simply put, flash loans give borrowers greater flexibility.
It enables the borrower to modify the collateral crypto or the borrowed crypto when its price (respectively) collapses or explodes.
The services offered, the attention paid to security and the attractive interest rates make AAVE a very popular platform with DeFi investors.
A sign of its attractiveness, the TVL for the DeFi project has been around $7 billion in recent weeks.
This places AAVE in the top 3 DeFi protocols on Ethereum, ahead of other successful applications such as Compound Finance or Curve Finance, for example.
Like other DeFi protocols, AAVE works with a DAO, a decentralized autonomous organization.
It enables AAVE token holders to participate in protocol-related votes.

Your funds are safe: Security is essential when it comes to money and transactions.
Coinhouse attaches the utmost importance to securing its platform and its customers’ funds. Easy to use: Coinhouse is committed to providing a smooth, enjoyable customer experience.
With a clear site, well-constructed menu and streamlined design, you’ll find your way around right from the start. French-language support: Is something going wrong, or can’t find the answer to your question?
Coinhouse customer service is ready to help.
And the little extra that makes all the difference?
Our teams answer you in French!Regulated platform: Coinhouse is PSAN-registered.

1. Registration: On Coinhouse, you can buy AAVE!
   To do so, you need to open an account and fill in the registration form, including your name, e-mail address and address.
2. Verification: To ensure maximum security, Coinhouse verifies your identity before activating your account.
   To pass this verification, simply take a selfie with an identity document.
3. Deposit funds: Transferring funds to your Coinhouse account will allow you to buy AAVE or trade crypto.
   Funds can be deposited by credit card or bank transfer.
4. Buying AAVE: On Coinhouse, there are two ways to buy AAVE:
   • Buy” button: Buy AAVE directly with the euros deposited in your account;
   • Buy” button: Exchange USDT stablecoins(purchase USDT with Coinhouse) for AAVE tokens.
5. Secure storage: Have you bought AAVE?
   Then protect your assets!
   The best way to do this is to transfer your AAVEs to the Coinhouse integrated crypto wallet.

Selling AAVE is easy too!
Simply click on the “Sell” button on the home page, indicate the quantity, and then provide your bank account details.
The funds will be transferred to you within 1 to 3 working days.

Launch of the GHO stablecoin.
The proposal to issue a new stablecoin called GHO dates back to August 2022.
This was accepted by a large majority and saw the GHO stablecoin deployed on the Goerli Ethereum testnet in February 2023.
GHO was then officially launched in July 2023. Aave Companies becomes Avara.
Aave Companies, the company behind the Aave token, changed its name to Avara in November 2023. Paypal and its stablecoin move closer to AAVE.
In December 2023, a proposal was submitted to integrate Paypal’s stablecoin PYUSD into the AAVE protocol.
Voting ended in January 2024, with a strong majority in favor of integrating PYSUD into AAVE. Improving GHO stability.
The Aave community is studying new proposals to improve GHO’s stability and bring its price closer to that of the dollar.