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Borrowing
@borrowing
Aave, formerly known as ETHLend, is a decentralized, non-custodial lending protocol that allows you to deposit assets into liquidity pools to earn returns and borrow assets at a flat, fixed interest rate. It was launched in 2017 by Stani Kulechov after a $17.8 million initial coin offering (ICO). Aave also allows you to borrow without collateral in a short period of time — flash loans.
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