AAVE: MOST Undervalued DeFi Token?! 2022 Update!!
Time for a New Video!
And this time, it's an update on one of DeFi's largest protocols. I am of course talking about Aave - one that has strong fundamental value IMO.
Although I don't hold the AAVE token as part of my personal portfolio, I've been a huge fan of the project for a very long time. This is simply because the Aave team is rock solid. They know exactly what individual and institutional users want, and they've been constantly innovating.
Aave has made a lot of progress since I last talked about the project early last year too. A few highlights include integrating with select financial institutions, launching an institutional lending and borrowing platform, and even launching a market for tokenised real world assets!
Unfortunately the AAVE token hasn't performed too well since the crash in May, but it's upcoming milestones suggest this is about to change. Aave V3 and Aave's decentralized social media platform are just two that I mention in today's video.
If you stick around long enough, you might just catch my personal prediction on how high Aave could go in the next couple of months 😉
⛓️ 🔗 Useful Links 🔗 ⛓️
► Aave Documentation: https://docs.aave.com/portal/
► Aave Snapshot: https://snapshot.org/#/aave.eth
► Justin Sun Withdraws From Aave: https://blockworks.co/4-2-billion-wit...
► Aave Real World Assets Market: https://decrypt.co/89418/yield-on-rea...
► Aave Arc Launch: https://cointelegraph.com/news/aave-l...
► Aave V3 Features: https://governance.aave.com/t/introdu...
► Aave Token Utility Discussion: https://governance.aave.com/t/can-we-...
► Aave Flash Loans Explained: https://finematics.com/flash-loans-ex...
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.