AAVE.
Pull back the bull and buy now.
The strongest DEFI project
Duoduoduo
Take advantage of the layout before the interest rate cut
I have studied the fundamentals of this defi coin in Europe. It is very good.
Only then will it be favored by the market.
The price goes up all the way up.
High-quality coins
◆ The project continues to move forward: Since its establishment in 2017, the project team has always aimed to develop new products and deal with bad situations. In 2018, it survived the bear market and became the leading decentralized lending platform in the field of encryption in 2020. In 2021, the V2 version was launched and the deployment of Polygon and Avalanche was completed. In 2022, the V3 version will be launched, and the stablecoin GHO and Lens Protocol will be launched. In 2023, various decentralized social networking applications were initially built.
As one of the DeFi projects, AAVE cannot avoid some risks or shortcomings.
◆ Legal issues: Regulators around the world, especially the SEC of the United States, are currently trying to regulate decentralized finance and cryptocurrencies, which will bring compliance risks to AAVE.
◆ Attack risk: As a decentralized platform on the blockchain, AAVE is easy to become the target of financial criminals or market manipulators, and the security vulnerabilities exploited may also lead to the loss of users' funds. In addition, unlike traditional financial institutions, AAVE does not have deposit insurance and does not provide protection for investors after platform hacking or security problems. In November 2022, AAVE was forced to sell the tokens retained in the security module to offset the $1.6 million bad debts caused by trader Avraham Eisenberg's manipulation.