Let's try this again. AAVE V2 went live today. Opinions?
AAVE V2
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No opinions here on biz. Only retards and pajeets wasting or scamming money. Real projects don't get talked about, unless there's a link 25% day. Just shut up and buy and we can sell to the retards here at $500
i'm kind of excited that you can swap collateral
It's fucking amazing. It's such a necessary and a good addition I don't even understand why that wasn't a thing before or why no other dapp has that feature. I literally can use my Bitcoin or Link or Eth as collateral now, take out a loan, buy even more Bitcoin, Eth or link and should the price tank I switch to a stable coin. That's just... It's like fucking cheating. I'll buy every fucking dip from now own with collateral lended money
$90 USD for AAEVE toke WTF ? why so expensive ? it is just a lending platform .
>Opinions?
its great, there are only 3 things I care about in the update
>chainlink LTV ratio increased from 65% to 70%
>ethereum LTV ratio increased from 75% to 80%
>collateral swaps
I just don't understand why. AAVE gets mentioned a lot in Link threads why Link is gaining value but nobody ever talks about AAVE itself. It's so fucking weird. Then again, people here don't seem to use DeFi much besides swapping
you can also do this in Celsius Network and its Celsius token, and many other platforms, nothing new.
never looked into defi outside of longing it for free money on exchanges and what not. so i deposit link/whatever token is supported and i get paid interest?
It's also a swapping platform now.
It's also the only platform where you can swap collaterals