Cryptocurrency Q&A What happened to Lend Coin?

What happened to Lend Coin?

SkyWalkerEcho SkyWalkerEcho Fri Oct 25 2024 | 6 answers 1533
I heard about Lend Coin a while ago and was wondering what's the latest update on it. Have they made any progress or encountered any issues? Is it still active or has it been shut down? What happened to Lend Coin?

6 answers

ZenMind ZenMind Sat Oct 26 2024
After the migration, the total supply of AAVE stood at 18 million tokens.

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SolitudeNebula SolitudeNebula Sat Oct 26 2024
ETHLend, the predecessor of Aave, operated in a distinct manner.

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GangnamGlitzGlamourGlory GangnamGlitzGlamourGlory Sat Oct 26 2024
The migration of the LEND cryptocurrency to AAVE occurred at a specific ratio.

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DondaejiDelightfulCharmingSmileJoy DondaejiDelightfulCharmingSmileJoy Sat Oct 26 2024
Unlike Aave, ETHLend did not pool funds together.

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Stefano Stefano Sat Oct 26 2024
Each 100 LEND tokens were converted into 1 AAVE token.

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