Aave 101 for Developers
summary
Aave V2 is a liquidity protocol with ~3.36B TVL and ~3.5B market size that adds batch flash loans (multi-asset, on‑protocol), tokenized debt (non‑transferable ERC‑20 debt receipts), native credit delegation (approveDelegation like ERC‑20 approve) and governance V2 with delegation plus a 600M safety module. Flash loans charge ~0.09% and run within a ~15s block; V2 supports debt‑incurring flash loans. Developer flows are simple: approve → deposit (aTokens with EIP‑2612 permit) → borrow/repay; staking has a 10‑day cooldown and 2‑day redeem window. Examples: DeFi Saver, Combo, Yearn, Aavegotchi.
AI-written summary · about
chapters (11)
- 0:00Introduction to Aave 101
- 0:49David's speaker introduction
- 1:49Overview of Aave protocol
- 3:20New features in Aave v2
- 6:16Depositing and withdrawing
- 9:36Borrowing and repayment
- 13:05Credit delegation mechanics
- 25:16Flash loan functionality
- 37:20Governance and staking
- 45:28Protocol integration examples
- 49:14Q&A and conclusion
