Dear Hoo uses,
Hoo will list LEND/USDT trading pair at 20:00 on May 11, 2020 (UTC+8).
Introduction to AAVE:
Aave is a decentralized cryptocurrency collateral loan protocol that is open source and unregulated, its code is accessible to all users, it is fully transparent and trackable, and it can be audited by all. Users can act as depositors or borrowers in Aave. Lenders provide liquidity by depositing cayptocurriencies in a pool contract. Simultaneously, in the same contract, the pooled funds can be borrowed by placing a collateral. Loans do not need to be individually matched, instead they rely on the pooled funds, as well as the amounts borrowed and their collateral. The Aave protocol is implemented through a set of smart contracts on the Ethereum blockchain, which ensure security and do not require the intervention of an intermediary.
Name: LEND
Total supply: 1,299,999,941 LEND
Website: https://aave.com/
Explorer: https://etherscan.io/token/0x80fB784B7eD66730e8b1DBd9820aFD29931aab03
Github: https://github.com/ETHLend
Twitter：https://twitter.com/aaveaave
Risk Alert: Any digital assets investment is risky. Please evaluate your risk tolerance before getting involved. Your support on Hoo is highly appreciated.
Hoo Team
May 11, 2020
