Protocol Information
The Liquidity Layer of Hedera: An open source, non-custodial lending protocol based on Aave
Category:Lending
Forked from:AAVE V2
Audits
Development Activity
(updated at 29/10/24)
Weekly commits: 20
Monthly commits: 40
Weekly developers: 12
Monthly developers: 13
Last commit: 6 days ago (2024-10-29)
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.
Fees: Intrest and Flash Loan fees plus liquidation bonuses in USD
Revenue: Percentage of interest going to treasury