Best of Crypto

Best of Crypto

1653544080

Aave Protocol: Decentralized Lending Pools

Aave Protocol

Open source implementation of the Aave Decentralized Lending Pools protocol. Version 1.0

Documentation

It is possible to find documention to integrate the Aave Protocol on developers.aave.com

For a deep explanation of the Aave Protocol, read the White Paper

Source code

The source code included is the final production version of the protocol. Eventual changes (smart contracts updates, bug fixes, etc.) will be applied through subsequent merge requests.

Audits report

Trails of Bits Smart Contracts audit

Open Zeppelin Smart Contracts

Bug bounty

The bug bounty program is live!

We want Aave protocol to be the best it can be, so we’re calling on our community to help us find any bugs or vulnerabilities.

More details about the bounty program and how to apply can be found here https://aave.com/bug-bounty.

Responsible disclosure

At Aave, we consider the security of our systems a top priority. But even putting top priority status and maximum effort, there is still possibility that vulnerabilities can exist.

In case you discover a vulnerability, we would like to know about it immediately so we can take steps to address it as quickly as possible.

If you discover a vulnerability, please do the following:

E-mail your findings to wecare@aave.com; 

Do not take advantage of the vulnerability or problem you have discovered; 

Do not reveal the problem to others until it has been resolved; 

Do not use attacks on physical security, social engineering, distributed denial of service, spam or applications of third parties; and 

Do provide sufficient information to reproduce the problem, so we will be able to resolve it as quickly as possible. Complex vulnerabilities may require further explanation so we might ask you for additional information. 

We will promise the following:

We will respond to your report within 3 business days with our evaluation of the report and an expected resolution date; 

If you have followed the instructions above, we will not take any legal action against you in regard to the report; 

We will handle your report with strict confidentiality, and not pass on your personal details to third parties without your permission; 

If you so wish we will keep you informed of the progress towards resolving the problem; 

In the public information concerning the problem reported, we will give your name as the discoverer of the problem (unless you desire otherwise); and 

As a token of our gratitude for your assistance, we offer a reward for every report of a security problem that was not yet known to us. The amount of the reward will be determined based on the severity of the leak, the quality of the report and any additional assistance you provide.  

Download Details:
Author: aave
Source Code: https://github.com/aave/aave-protocol
License: View license

#aave  #blockchain  #defi #protocol #typescript #solidity 

What is GEEK

Buddha Community

Aave Protocol: Decentralized Lending Pools
Brain  Crist

Brain Crist

1596711600

Disrupting and Decentralizing Lending - ​Dan Schatt [Interview]

Hi Dan Schatt, welcome to our series “Behind the Startup” tell us about your journey from the payments industry to decentralized finance (DeFi)?

In my experience of working in the payments industry, I came to understand that decentralized finance could really change the future of financial verifications. As blockchain processes started to become more familiar and widely accepted, a light bulb went off. Decentralized finance can help to eliminate friction. We started to look toward using some of that natural on-chain verification capability to replace outdated processes, and eventually, CRED was born.

Please tell us about your story behind the Cred, how did you start, and what is your vision?

Cred really came out of a desire to free us from some of the inefficiencies in traditional banking, and to re-imagine what it’s like to use digital currencies. We like to say that we are helping people to bank on fairness because there’s that idea that the open hand flourishes, while the closed hand diminishes. So when you open up markets, when you create key

efficiencies, you drive business in a way that’s sustainable. We also wanted to introduce next-gen services and API functionality to parts of the

cryptocurrency world. The idea of defi is getting fleshed out with initiatives

like this that build on innovating banking verifications. We already had

Paypal. Stripe, etc. … we wanted to go beyond that.

Covid19 pandemic is causing considerable losses to traditional businesses, and federal interest rates are on a continuous decline. Do you see a rise of DeFi products and adoption in such a scenario?

I think you have to separate those two. First, yes, the coronavirus pandemic is disrupting business in a big way. One of the biggest

use cases of blockchain and decentralized finance in that context is developing contactless solutions. To the extent that you can build in verifications and eliminate pen and paper processes, or people sharing the same touch screen or digital kiosk, you’re helping to not have people get sick.

The interest rate thing is a specific problem, where the Federal

Reserve is trying to keep the economy afloat by cutting interest rates to near zero. This creates all kinds of unintended bad incentives, just like other aspects of the traditional banking system that reward greed, set up roadblocks for the average investor, and funnel wealth into more isolated crevasses of the economy.

As we can see with Cred, you can offer asset holders new ways of

earning more interest by building participation in decentralized finance

operations. So there’s a definite role there.

I guess you could say in both of these cases, defi solves at least

one core problem!

The blockchain industry is facing a lot of regulatory hurdles in many jurisdictions, and Cred has an excellent track record of meeting such regulatory requirements. What challenges does the company face while dealing with regulators, and do you see their outlook and behavior change in the future?

Thanks! I like to think that we’ve been fairly successful in that regard… A lot of the challenges that companies deal with involves showing in great detail how we solve the questions that regulators put to us.We also have to solve problems that regulators see in very vague and ambiguous ways; in other words, they’re not even really fully confident in their own assessments, to begin with. That creates a high degree of chaos, and then you have regulators targeting firms for all sorts of 'sins of omission,’ and that gets people even more nervous.

I think in terms of changing outlooks, things are going to really

improve as regulators get their own houses in order. As they go about

clarifying and making their own policies and outlooks concrete, then you can build company compliance on that solid foundation. That may not be where we’re at yet, but I think we’re getting there. To the extent that regulators like the SEC can develop a clear roadmap and a consistent response to proposals, then we in the private sector can work with that and accommodate it, and you start to get the synergy that happens when a sector is fully mature.

In so many senses, we’re in uncharted waters right now, but we’re figuring it out together.

How does Cred work? Further, how does a user earn by using Cred solutions?

The essential way that asset holders earn with Cred is by putting their assets into active use on the Cred platform. Because it’s decentralized

finance, you take away a lot of the dross and inaccuracies around financial reporting, and you have clear benefit models, which involve those flat rates of interest that we talk about on the site. If you can get 10% interest in today’s market, that’s amazing, and you do that by putting your assets in a very different and unique digital context.

In a few ways, it’s very simple. Cred works by users putting their assets into the platform and getting flat rates of interest, as well as a lot of functionality, on blockchains and beyond.

We talk about our pledge-hold-earn model, which is very instructive, and you can find out more about this on the website. Essentially, it’s a major on-ramp for all sorts of crypto assets, in order to help asset holders to participate more fully in the broader global economy around digital assets.

In terms of how a person earns, they earn by pledging and holding their assets. How we generate the earning potential is by lending crypto to miners and other parties.

How many digital assets do you support right now, and which of them as the most usage and adoption? Our readers would love to hear some hardcore statistics and insights from you.

So, we have 29 digital assets supported right now, and counting. That last part – “and counting” – is important, so to get an up-to-date list, you want to talk to our people about practical options. We support Bitcoin (BTC) and Ripple (XRP) and a number of other major coins, as well as some altcoins and other more obscure kinds of assets.

As far as statistics, I don’t have them offhand, but you can see that crypto is a multibillion-dollar industry, and how Cred is ultimately important in helping to build that. Basically, I think the best statistic that speaks to our residents in today’s financial world is our 10% flat interest rate on both sides of the equation.

#lending #defi #decentralization #interview #startup #decentralized-lending #peer-to-peer-lending #interview-transcript

Best of Crypto

Best of Crypto

1653544080

Aave Protocol: Decentralized Lending Pools

Aave Protocol

Open source implementation of the Aave Decentralized Lending Pools protocol. Version 1.0

Documentation

It is possible to find documention to integrate the Aave Protocol on developers.aave.com

For a deep explanation of the Aave Protocol, read the White Paper

Source code

The source code included is the final production version of the protocol. Eventual changes (smart contracts updates, bug fixes, etc.) will be applied through subsequent merge requests.

Audits report

Trails of Bits Smart Contracts audit

Open Zeppelin Smart Contracts

Bug bounty

The bug bounty program is live!

We want Aave protocol to be the best it can be, so we’re calling on our community to help us find any bugs or vulnerabilities.

More details about the bounty program and how to apply can be found here https://aave.com/bug-bounty.

Responsible disclosure

At Aave, we consider the security of our systems a top priority. But even putting top priority status and maximum effort, there is still possibility that vulnerabilities can exist.

In case you discover a vulnerability, we would like to know about it immediately so we can take steps to address it as quickly as possible.

If you discover a vulnerability, please do the following:

E-mail your findings to wecare@aave.com; 

Do not take advantage of the vulnerability or problem you have discovered; 

Do not reveal the problem to others until it has been resolved; 

Do not use attacks on physical security, social engineering, distributed denial of service, spam or applications of third parties; and 

Do provide sufficient information to reproduce the problem, so we will be able to resolve it as quickly as possible. Complex vulnerabilities may require further explanation so we might ask you for additional information. 

We will promise the following:

We will respond to your report within 3 business days with our evaluation of the report and an expected resolution date; 

If you have followed the instructions above, we will not take any legal action against you in regard to the report; 

We will handle your report with strict confidentiality, and not pass on your personal details to third parties without your permission; 

If you so wish we will keep you informed of the progress towards resolving the problem; 

In the public information concerning the problem reported, we will give your name as the discoverer of the problem (unless you desire otherwise); and 

As a token of our gratitude for your assistance, we offer a reward for every report of a security problem that was not yet known to us. The amount of the reward will be determined based on the severity of the leak, the quality of the report and any additional assistance you provide.  

Download Details:
Author: aave
Source Code: https://github.com/aave/aave-protocol
License: View license

#aave  #blockchain  #defi #protocol #typescript #solidity 

Mark Anderson

Mark Anderson

1617448280

P2P Lending Software Development Services Company | P2P Lending App Development

The P2P lending software has disrupted the financial sector by emerging as a worthy competitor to traditional banks with the instant loan process and extending credit for borrowers with less credit score that would get an opportunity to avail a bank loan. The lending software is highly customizable and dominant in the trade market. It helps to connect borrowers and lenders with an automatic risk evaluation. This platform earns revenue by matchmaking between the borrowers and investors by charging a commission fee.

Attractive Features of P2P Lending Software :

  • Fully automated workflow.
  • Executive dashboard.
  • Cloud-ready application.
  • High-level security system
  • Safe and secure transaction
  • Omni-channel compatibility.
  • Multi-lingual
  • Peer-to-peer network protocol

Efficient benefits of Peer-to-peer Lending Software :

  • Lightning speed processing.
  • Easy to use interface.
  • Flexible and scalable nature.
  • Cost-effective solution.
  • Instant API Integration.
  • Powerful reporting structure.

Lifecycle of Loan Process :

  • The loan origination system provides an easy onboarding process and lightning-fast approval of the loan.
  • Loan management systems offer stringent underwriting, customizable loan products and rule-based automation.
  • Collection Management System enables an automated collection workflow, robust delinquency tracking, instant payment updates and track loan performance.
  • Account Management System ensures in providing accurate accounting, configurable accounting rules and quick update.
  • Reports and dashboards provide predictive analytics and ad-hoc reports.

The Peer-To-Peer lending software is trending in recent years that benefitted millions of users to avail loans in critical situations. It’s high time for investors to consider this platform to reap more business revenue by getting in touch with Blockchain App Factory for better assistance.

#peer to peer lending blockchain platform #p2p lending blockchain #blockchain p2p lending platform #p2p lending blockchain platform #p2p lending platforms #p2p crypto lending software

Mark Anderson

Mark Anderson

1616494541

Kickstart your business on P2P Lending Software with our Crypto based Platform

Overtake your competitors with unique ideas in the digital marketplace with Blockchain App Factory that offers P2P Lending Software. It contains all the latest features with an efficient engine, stable agreement order and market order, central management system, real-time traceable machine, and much more.

#p2p lending blockchain #p2p lending blockchain platform #p2p lending platforms #peer to peer lending blockchain platform #blockchain-based p2p lending platforms #p2p crypto lending software

Angelina roda

Angelina roda

1623625200

MOAR FINANCE: A BETTER DEFI LENDING PROTOCOL | AAVE, COMP, NEXO COMPETITOR

Timestamps:

0:00 - Introduction (WATCH WHOLE VIDEO)

1:18 - DeFi is HERE! (A new wave of financial innovation is upon us.)

2:01 - What is MOAR Finance?

3:31 - What is MOAR’s goal?

4:04 - What are the problems in DeFi today?

4:27 - How does MOAR address these challenges?

5:05 - More about MOAR. (The big picture)

6:12 - MOAR UI (Testnet)

6:40 - MOAR vs AAVE, COMP, NEXO (the competition)

8:23 - Roadmap

9:27 - Funding, Partnerships, & Team

10:23 - Final Thoughts
📺 The video in this post was made by Altcoin Daily
The origin of the article: https://www.youtube.com/watch?v=3f2XQnPeblw
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
(There is no limit to the amount of credit you can earn through referrals)
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #moar finance #defi #aave #moar finance: a better defi lending protocol | aave, comp, nexo competitor