View source for Agave

From the [https://forum.1hive.org/t/announcing-agaave-aave-on-xdai/1792 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 (STAKE)|xDAI]]."''
==Basics==

*Started in / Announced on: [https://forum.1hive.org/t/announcing-agaave-aave-on-xdai/1792 19-1-2021]
*[[Mainnet]] release:
*Based in:

==History==

* [https://forum.1hive.org/t/announcing-agaave-aave-on-xdai/1792 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 Provider (LP)|liquidity providers]] by allowing them to [[Simple Agreement for Future Governance (SAFG)|farm]] <code>HNY</code>. This has had mixed results.''

''With Agaave, we would enable users to [[earn]] a yield on regular HoneySwap [[Liquidity]] [[tokens]] without a <code>HNY</code> 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 <code>HNY</code> more utility as well as increase the price of <code>HNY</code>."''
==Audits & Exploits ==
*[[Bug bounty]] program can be found [insert here].
===Bugs/Exploits===

* [https://newsletter.blockthreat.io/p/blockthreat-week-31-2022?utm_source=substack&utm_medium=email From] Blockthreat (12-8-2022):
''"Agave Finance fixed an uninitialized proxy [https://medium.com/@hacxyk/forked-protocols-are-not-battle-tested-agave-uninitialized-proxy-vulnerability-6b5d587b3a07 vulnerability] after it was responsibly disclosed by Hacxyk."''

* [https://www.theblockcrypto.com/post/137932/defi-protocols-agave-and-hundred-finance-exploited-on-gnosis-chain-for-11-million From] [[The Block]] (15-3-2022):

''"An attacker has siphoned over $11 million from Agave and [[Hundred Finance]] in what appears to be a [[Flash Loan|flash loan]] [[reentrancy attack]] on both [[Decentralized Finance (DeFi)|DeFi]] protocols on the [[Gnosis Chain (GNO)|Gnosis chain]]. The [[DeFi]] platforms each [https://twitter.com/Agave_lending/status/1503725275917565954 confirmed] the hacks in [[Twitter]] posts on Tuesday, stating that their [[contracts]] have been [https://twitter.com/HundredFinance/status/1503754916300476420 paused] to forestall further damage."''

== Governance==
===Admin Keys===
===DAO===
===Treasury===
==Token==
===Launch===
===Token allocation===
===Utility===
===Token Details===
===Stablecoin===
==Technology==

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

===How it works===
===Fees===
===Upgrades===
===Staking===
===Liquidity Mining===
===Scaling===
===Different Implementations===
===Interoperability===
===Other Details===

==== Flashloans ====

* From the [https://forum.1hive.org/t/announcing-agaave-aave-on-xdai/1792 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."''
==Oracle Method==
== Privacy Method==
==Compliance==
==Their Other Projects==
==Roadmap==
*Can be found [Insert link here].
==Usage==
===Projects that use or built on it===
==Competition==
==Pros and Cons==
===Pros===
===Cons===
==Team, Funding, Partners==
===Team===

*Full team can be found [here].
*[https://forum.1hive.org/t/announcing-agaave-aave-on-xdai/1792 Created] by the people of [[1hive]] (19-1-2021); ''anisoptera, sandpiper, monstrosity, greenhornet.''

===Funding===

* From the [https://forum.1hive.org/t/announcing-agaave-aave-on-xdai/1792 announcement]:

''"Green Hornet is loaning the project <code>50 HNY</code> and <code>1000 DAI</code> 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 <code>5000 DAI</code> for the MVP. The rest of the team (currently: anisoptera, sandpiper, monstrosity, greenhornet) will be paid $40/hr of work on the project."''

===Partners===
==(:==
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