Aave Secures $4.5 Million in OTC Funding on July 9, 2020

AAVE
AAVE
-1.32%
According to media reports, Aave secured $4.5 million in OTC funding on July 9, 2020. The investment was led by ParaFi Capital. Following this round, Aave’s total cumulative fundraising reached $48.7 million.Aave is a decentralized finance (DeFi) lending protocol that enables users to participate as depositors or borrowers. Depositors earn passive income by providing liquidity to the market, while borrowers can obtain loans through overcollateralization (permanent) or undercollateralization (single-block liquidity). The AAVE token serves as the core of Aave protocol governance, allowing users to vote on and decide Aave Improvement Proposals (AIPs). Additionally, AAVE can be staked in the protocol’s Safety Module, offering security for both the protocol and depositors. Stakers are eligible to receive staking rewards and protocol fees.Tracing Aave’s development, the project raised $16.2 million through an ICO in November 2017 and began trading in December of the same year. In January 2020, Aave officially launched on the mainnet. Within days of this latest funding round, Aave secured an additional $3 million in OTC funding, reflecting strong investor confidence in the project. In 2023, Aave introduced its native stablecoin GHO on the Ethereum mainnet, further expanding its ecosystem. As the DeFi market continues to evolve, Aave, as a leading decentralized lending protocol, remains committed to ongoing innovation and service upgrades, providing users with a safer and more efficient DeFi lending experience.

this-content

disclaimer-th

3
0
0
share

comment

AAVE fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
--fundraising-$M--2020-07-08ParaFi Capital
fundraising-key-milestones
  • 2023-07-15
    Aave launches native stablecoin GHO on Ethereum mainnet
  • 2023-01-27
    Aave V3 has been deployed to the Ethereum mainnet
  • 2022-11
    Aave Chan Initiative (ACI) Launches
  • 2021-10-27
    Upbit listed AAVE
  • 2020-10-05
    Aave raised $ 25 M in OTC round
  • 2020-07-15
    Aave raised $ 3 M in OTC round
  • 2020-07-09
    Aave raised $ 4.5 M in OTC round
  • 2020-01-08
    Aave is live on mainnet
  • 2017-12
    AAVE is live for trading
  • 2017-11-01
    Aave raised $ 16.2 M through ICO
24hour-high
$165.69
24hour-volume
$1.97M
alltime-high
$661.69
alltime-low
$26.02
market-cap--f
94.75%
fdv
$2.63B
24hour-low
$155.20
market-cap
$2.63B
circulating-s
15.16M AAVE
total-supply
16.00M AAVE
max-supply
16.00M AAVE
market-sentim
--
activity-cent
join-the-acti

tokenname-faq

how-to-buy-to

what-determin

what-is-the-a

what-is-the-a1

what-is-the-c

how-many-toke

what-is-the-m

what-is-the-f

what-is-the-p

is-tokenname

Handeln Sie jederzeit und überall mit Kryptowährungen
qrCode
Scannen, um die Gate App herunterzuladen
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)