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18 January 2021

DeFi project Aave unlocks collateral with version 2 release

DeFi project Aave unlocks collateral with version 2 release


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DeFi project Aave unlocks collateral with version 2 release.

“In DeFi, assets that were being used as collateral were tied up, but now with V2 they are free to be traded,” Aave founder Stani Kulechov says a blog post on Thursday.

Additionally, Aave’s version two also touts multiple other advancements, including improvements on flash loans and the use of collateral for reconciling loans, which essentially removes steps and transactions from the equation.

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