Aave Network a Fork Of Aave Protocol, Decentralized and Non-Custodial

The Fork Of Aave Protocol, Aave Network - An Overview

 

 

Aave Network

As told from the headline is Aave network a hard fork of Aave Protocol which target the same features as the original Aave, which is a lending and borrowing protocol to earn interest on your assets. Aave Network has it's own token called AAVN. Because the protocol is non-custodial and decentralized can whoever deposit assets to earn interest on those. It's an environment there credit checkups doesn't exists nor other controls. That's the beauty of DeFi and protocols like this. You'll earn interest on the asset itself but you'll also earn interest in form of AAVN tokens which you can claim to stake or swap for other cryptocurrencies.

Aave Network is based on Binance Smart Chain an it's token AAVN is a BEP-20 token.

 

Aave Network and AAVN Token Features

AAVN tokens are on pre-sale as we speak as well the airdrop which is a very kind airdrop, if you want to join pre-sale or airdrop directly click here. Aave network will have many features for users to utilize exactly like it's brother Aave protocol. The platform is a lending platform for users to place their assets to gain interest, the assets doesn't only get interest but works as collateral to a certain limit. Which assets Aave Network will have for it's users is yet unclear. You will be able to borrow assets against your collateral which assets you can borrow is yet unclear as well. Because Aave Network will work very similar to Aave protocol will you get certain % of AAVN tokens for your assets you have deposited which will differ depending on which asset being deposit. You will also get a certain % AAVN tokens for the assets you have borrowed + a certain % on the borrowed asset you have to pay back. 

In a lending and borrow perspective is all profit in % depended on the specific asset being deposit and borrowed, just like Aave protocol. The platform has more exiting things to make profit from except to just lend and borrow. You'll be able to stake your AAVN tokens for more, the AAVN token is also made to collateralize assets. The AAVN token is more than that it's also the governance token of Aave network, if you have AAVN tokens can you be a part of the governance system and by that the future of Aave network. 

You will also have the possibility to get rewarded in AAVN tokens for participating in liquidity mining, which is the assets you deposit and borrow but also thru providing LP's in a pool. Later on will another feature emerge which is NFT auctions and as you guessed will you need AAVN tokens to be able to participate in the auctions made by Aave network.

 

AAVN Tokenomics

3cc74bee1f30915790adf95e8fe8cb8fcecc2e3109d993118c17654e4cc4bd1f.png

The pre-sale of AAVN token is ongoing right now and have a fixed price of $0.12 per AAVN token. It's easy to join and buy from the pre-sale which is located right on the website here.

 

Aave Network Brings Rare But Amazing Features To DeFi.

Lending and borrowing, well Aave network is more than that and will bring an mobile app custom made for the network for your comfort to access your assets fast on the go but the next features is what excites me. Aave network will bring DeFi to your ordinary life and even individuals who are not engaged in crypto with a Interest Bearing Transaction Account which also is linked to your VISA Debit card. Aave network will have something no one has a DeFi credit card there you can get monthly loans and fix repayments. No credit check is needed no more!, Aave network will bring DeFi to the world accessible thru your mobile. In the image below can we get a peek on how the interface will look like.

c43be15bfd77a12adc75e520106bf4eb2ebd8daa9a6cd5a638728234790ff452.png

Other Notes  

Aave network has made some partnerships to extend Aave network beyond the platform itself and which will also enable you to swap AAVN tokens for other cryptocurrencies. The partners is Pancakeswap and 1inch which is two big DEX:es on BSC. 

Useful links

- Website, click here.

- Join airdrop (You support my writing here at Morioh by joining airdrop here), click here.

- Aave Network's Twitter, click here.

- Aave Network's Telegram Chat, click here.

 

 

 

 

Thank you for reading and support!

 

 

 

 

-FlanoSwap, the first DEX & AMM on Cardano blockchain. Get the airdrop of 15 FLAN tokens + more!, don't forget to do KYC! To proceed to airdrop click here.

- The Flash Currency App, it's a new app there you can claim TFC tokens very 24th hour, you get 100 TFC when register with code: TFC63587679

  • Join Sperax Play App, a multi-chain asset wallet that will support smart contracts, Now early on can you “mine” their native token XP in the app, register with code: n3jho8

- Collect WATT tokens thru decentralized storage mining (You can mine on mobile in first stage, much like Chia), read my article here about WATT Network here and register here to get 100 WATT tokens for free.

 -Bremit (Money transfer platform), get 500 BRMT ($25) tokens upon registration easy to earn more BRMT on platform also be able to run nodes anytime soon to earn even more! Click here to proceed

What is GEEK

Buddha Community

Aave Network a Fork Of Aave Protocol, Decentralized and Non-Custodial

Aave Network a Fork Of Aave Protocol, Decentralized and Non-Custodial

The Fork Of Aave Protocol, Aave Network - An Overview

 

 

Aave Network

As told from the headline is Aave network a hard fork of Aave Protocol which target the same features as the original Aave, which is a lending and borrowing protocol to earn interest on your assets. Aave Network has it's own token called AAVN. Because the protocol is non-custodial and decentralized can whoever deposit assets to earn interest on those. It's an environment there credit checkups doesn't exists nor other controls. That's the beauty of DeFi and protocols like this. You'll earn interest on the asset itself but you'll also earn interest in form of AAVN tokens which you can claim to stake or swap for other cryptocurrencies.

Aave Network is based on Binance Smart Chain an it's token AAVN is a BEP-20 token.

 

Aave Network and AAVN Token Features

AAVN tokens are on pre-sale as we speak as well the airdrop which is a very kind airdrop, if you want to join pre-sale or airdrop directly click here. Aave network will have many features for users to utilize exactly like it's brother Aave protocol. The platform is a lending platform for users to place their assets to gain interest, the assets doesn't only get interest but works as collateral to a certain limit. Which assets Aave Network will have for it's users is yet unclear. You will be able to borrow assets against your collateral which assets you can borrow is yet unclear as well. Because Aave Network will work very similar to Aave protocol will you get certain % of AAVN tokens for your assets you have deposited which will differ depending on which asset being deposit. You will also get a certain % AAVN tokens for the assets you have borrowed + a certain % on the borrowed asset you have to pay back. 

In a lending and borrow perspective is all profit in % depended on the specific asset being deposit and borrowed, just like Aave protocol. The platform has more exiting things to make profit from except to just lend and borrow. You'll be able to stake your AAVN tokens for more, the AAVN token is also made to collateralize assets. The AAVN token is more than that it's also the governance token of Aave network, if you have AAVN tokens can you be a part of the governance system and by that the future of Aave network. 

You will also have the possibility to get rewarded in AAVN tokens for participating in liquidity mining, which is the assets you deposit and borrow but also thru providing LP's in a pool. Later on will another feature emerge which is NFT auctions and as you guessed will you need AAVN tokens to be able to participate in the auctions made by Aave network.

 

AAVN Tokenomics

3cc74bee1f30915790adf95e8fe8cb8fcecc2e3109d993118c17654e4cc4bd1f.png

The pre-sale of AAVN token is ongoing right now and have a fixed price of $0.12 per AAVN token. It's easy to join and buy from the pre-sale which is located right on the website here.

 

Aave Network Brings Rare But Amazing Features To DeFi.

Lending and borrowing, well Aave network is more than that and will bring an mobile app custom made for the network for your comfort to access your assets fast on the go but the next features is what excites me. Aave network will bring DeFi to your ordinary life and even individuals who are not engaged in crypto with a Interest Bearing Transaction Account which also is linked to your VISA Debit card. Aave network will have something no one has a DeFi credit card there you can get monthly loans and fix repayments. No credit check is needed no more!, Aave network will bring DeFi to the world accessible thru your mobile. In the image below can we get a peek on how the interface will look like.

c43be15bfd77a12adc75e520106bf4eb2ebd8daa9a6cd5a638728234790ff452.png

Other Notes  

Aave network has made some partnerships to extend Aave network beyond the platform itself and which will also enable you to swap AAVN tokens for other cryptocurrencies. The partners is Pancakeswap and 1inch which is two big DEX:es on BSC. 

Useful links

- Website, click here.

- Join airdrop (You support my writing here at Morioh by joining airdrop here), click here.

- Aave Network's Twitter, click here.

- Aave Network's Telegram Chat, click here.

 

 

 

 

Thank you for reading and support!

 

 

 

 

-FlanoSwap, the first DEX & AMM on Cardano blockchain. Get the airdrop of 15 FLAN tokens + more!, don't forget to do KYC! To proceed to airdrop click here.

- The Flash Currency App, it's a new app there you can claim TFC tokens very 24th hour, you get 100 TFC when register with code: TFC63587679

  • Join Sperax Play App, a multi-chain asset wallet that will support smart contracts, Now early on can you “mine” their native token XP in the app, register with code: n3jho8

- Collect WATT tokens thru decentralized storage mining (You can mine on mobile in first stage, much like Chia), read my article here about WATT Network here and register here to get 100 WATT tokens for free.

 -Bremit (Money transfer platform), get 500 BRMT ($25) tokens upon registration easy to earn more BRMT on platform also be able to run nodes anytime soon to earn even more! Click here to proceed

Marlon  Boyle

Marlon Boyle

1594312560

Autonomous Driving Network (ADN) On Its Way

Talking about inspiration in the networking industry, nothing more than Autonomous Driving Network (ADN). You may hear about this and wondering what this is about, and does it have anything to do with autonomous driving vehicles? Your guess is right; the ADN concept is derived from or inspired by the rapid development of the autonomous driving car in recent years.

Image for post

Driverless Car of the Future, the advertisement for “America’s Electric Light and Power Companies,” Saturday Evening Post, the 1950s.

The vision of autonomous driving has been around for more than 70 years. But engineers continuously make attempts to achieve the idea without too much success. The concept stayed as a fiction for a long time. In 2004, the US Defense Advanced Research Projects Administration (DARPA) organized the Grand Challenge for autonomous vehicles for teams to compete for the grand prize of $1 million. I remembered watching TV and saw those competing vehicles, behaved like driven by drunk man, had a really tough time to drive by itself. I thought that autonomous driving vision would still have a long way to go. To my surprise, the next year, 2005, Stanford University’s vehicles autonomously drove 131 miles in California’s Mojave desert without a scratch and took the $1 million Grand Challenge prize. How was that possible? Later I learned that the secret ingredient to make this possible was using the latest ML (Machine Learning) enabled AI (Artificial Intelligent ) technology.

Since then, AI technologies advanced rapidly and been implemented in all verticals. Around the 2016 time frame, the concept of Autonomous Driving Network started to emerge by combining AI and network to achieve network operational autonomy. The automation concept is nothing new in the networking industry; network operations are continually being automated here and there. But this time, ADN is beyond automating mundane tasks; it reaches a whole new level. With the help of AI technologies and other critical ingredients advancement like SDN (Software Defined Network), autonomous networking has a great chance from a vision to future reality.

In this article, we will examine some critical components of the ADN, current landscape, and factors that are important for ADN to be a success.

The Vision

At the current stage, there are different terminologies to describe ADN vision by various organizations.
Image for post

Even though slightly different terminologies, the industry is moving towards some common terms and consensus called autonomous networks, e.g. TMF, ETSI, ITU-T, GSMA. The core vision includes business and network aspects. The autonomous network delivers the “hyper-loop” from business requirements all the way to network and device layers.

On the network layer, it contains the below critical aspects:

  • Intent-Driven: Understand the operator’s business intent and automatically translate it into necessary network operations. The operation can be a one-time operation like disconnect a connection service or continuous operations like maintaining a specified SLA (Service Level Agreement) at the all-time.
  • **Self-Discover: **Automatically discover hardware/software changes in the network and populate the changes to the necessary subsystems to maintain always-sync state.
  • **Self-Config/Self-Organize: **Whenever network changes happen, automatically configure corresponding hardware/software parameters such that the network is at the pre-defined target states.
  • **Self-Monitor: **Constantly monitor networks/services operation states and health conditions automatically.
  • Auto-Detect: Detect network faults, abnormalities, and intrusions automatically.
  • **Self-Diagnose: **Automatically conduct an inference process to figure out the root causes of issues.
  • **Self-Healing: **Automatically take necessary actions to address issues and bring the networks/services back to the desired state.
  • **Self-Report: **Automatically communicate with its environment and exchange necessary information.
  • Automated common operational scenarios: Automatically perform operations like network planning, customer and service onboarding, network change management.

On top of those, these capabilities need to be across multiple services, multiple domains, and the entire lifecycle(TMF, 2019).

No doubt, this is the most ambitious goal that the networking industry has ever aimed at. It has been described as the “end-state” and“ultimate goal” of networking evolution. This is not just a vision on PPT, the networking industry already on the move toward the goal.

David Wang, Huawei’s Executive Director of the Board and President of Products & Solutions, said in his 2018 Ultra-Broadband Forum(UBBF) keynote speech. (David W. 2018):

“In a fully connected and intelligent era, autonomous driving is becoming a reality. Industries like automotive, aerospace, and manufacturing are modernizing and renewing themselves by introducing autonomous technologies. However, the telecom sector is facing a major structural problem: Networks are growing year by year, but OPEX is growing faster than revenue. What’s more, it takes 100 times more effort for telecom operators to maintain their networks than OTT players. Therefore, it’s imperative that telecom operators build autonomous driving networks.”

Juniper CEO Rami Rahim said in his keynote at the company’s virtual AI event: (CRN, 2020)

“The goal now is a self-driving network. The call to action is to embrace the change. We can all benefit from putting more time into higher-layer activities, like keeping distributors out of the business. The future, I truly believe, is about getting the network out of the way. It is time for the infrastructure to take a back seat to the self-driving network.”

Is This Vision Achievable?

If you asked me this question 15 years ago, my answer would be “no chance” as I could not imagine an autonomous driving vehicle was possible then. But now, the vision is not far-fetch anymore not only because of ML/AI technology rapid advancement but other key building blocks are made significant progress, just name a few key building blocks:

  • software-defined networking (SDN) control
  • industry-standard models and open APIs
  • Real-time analytics/telemetry
  • big data processing
  • cross-domain orchestration
  • programmable infrastructure
  • cloud-native virtualized network functions (VNF)
  • DevOps agile development process
  • everything-as-service design paradigm
  • intelligent process automation
  • edge computing
  • cloud infrastructure
  • programing paradigm suitable for building an autonomous system . i.e., teleo-reactive programs, which is a set of reactive rules that continuously sense the environment and trigger actions whose continuous execution eventually leads the system to satisfy a goal. (Nils Nilsson, 1996)
  • open-source solutions

#network-automation #autonomous-network #ai-in-network #self-driving-network #neural-networks

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 

Games DApp

Games DApp

1606981211

Matic Network in Blockchain Gaming

Matic Network is getting lots of attraction amidst the blockchain game developers. This is because, their competition has stepped away from the gaming scene. Matic - as a general purpose platform, capable of creating all types of DApps, and have already build 60+ DApps on Matic Network.

As a result Matic Network is busy gaining a lots of new gaming partners. They have already been integrated into many gaming DApps.

Key reasons why DApps chooses Matic Network

  • Near-instant blockchain transactions
  • Low Transaction fees >> less than 1/1000th of the fees on the Ethereum mainchain
  • Seamless migration for existing Ethereum DApps
  • Access to, and assistance with, a wide range of developer tooling.
  • Unparalleled technical support for developers.

If you have an idea to build your own Gaming DApp - you could benefit from matic network’s high-speed, low-fee infrastructure and our assistance to transform your DApp from a great idea into a successful DApp business.

Being a Predominant DApp Game Development Company, GamesDApp helps you to Build DApp Game on matic network and also expertize in developing various popular games on the blockchain network using smart contract.

Hire Blockchain Game Developers >> https://www.gamesd.app/#contactus

#matic network #build dapp game on matic network #dapp game on matic network #matic network in blockchain gaming #matic network for game development

antonio marsh

antonio marsh

1606393360

Avail our world-class XOXO Network Smart Contract and earn huge profits

Automate all your daily functions by indulging in XOXO Network MLM Clone. The advantages include an unstoppable protocol system, presence of the Ethereum smart contract, a peer to peer payments system, no chance of hacking or scamming, availability of seven global auto pools, limitless referral bonus, an initial investment of only 0.1 ETH, and a 100% secure system.

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