Agave

Basics

• Started in / Announced on: 19-1-2021
• Mainnet release:
• Based in:
• From the announcement:

"Agaave is a decentralized non-custodial money market protocol where users can participate as depositors or borrower. It is a fork of Aave, deployed on xDAI."

History

• Created by the people of 1hive (19-1-2021):

"Currently, we have Honeyswap, which allows users to trade on xDAI with super low transaction fees. Given the relatively low volume, the total fees generated in HoneySwap (0.3% per trade) are rather low, and as such we have subsidised liquidity providers by allowing them to farm HNY. This has had mixed results.

With Agaave, we would enable users to earn a yield on regular HoneySwap Liquidity tokens without a HNY subsidy. It also adds extra incentives to liquidity providers by giving them an additional stream of income above the fees generated on HoneySwap. These are some ways that Agaave will provide HNY more utility as well as increase the price of HNY."

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].
• Built on: xDai

• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

Other Details

Flashloans

• From the announcement:

"Agaave flash loans are more powerful than most offered on mainnet. Users are able to borrow multiple tokens in the same transaction. Additionally, Flashloans in Agaave do not need to be totally paid back in the same transaction: Some of the loan can be added as debt if the user has enough collateral in the protocol."

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].
• Created by the people of 1hive (19-1-2021); anisoptera, sandpiper, monstrosity, greenhornet.

Funding

• From the announcement:

"Green Hornet is loaning the project 50 HNY and 1000 DAI to bootstrap the development of the project. The funds are held in this multisig 10. When we are halfway through the MVP development cycle, we will apply for the funds to be refunded from the honeypot.

honeypooh will be doing the heavy lifting on the front end and as such will be compensated flat fee of 5000 DAI for the MVP. The rest of the team (currently: anisoptera, sandpiper, monstrosity, greenhornet) will be paid $40/hr of work on the project."

(:

Knowledge empowers us all and will help us get closer to the decentralised world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31