Note: LEND 12x YTD due to income or expenses

2020-7-13 20:44
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According to CoinDesk, Aave's LEND token has grown 12-fold so far this year. DeFi Synthetix (SNX), Thorchain (RUNE) and Kyber (KNC) tokens also posted strong gains, with Bitcoin up 28%. For LEND tokens, an increase in actual usage will lead to an increase in costs. Six months after the project began in January, $ 158 million of guarantees were placed in Aave's loan agreements. For comparison, the compound protocol had $ 27 million in guarantees over the six months (March 2019). According to DeFi Pulse, Compound's total asset foreclosure increased 25-fold to $ 684 million, making it the largest lender.

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2020-7-13 20:24