Grayscale Predicts This DeFi Token Will Become a ‘Household Name’ in Crypto
DeFi
Grayscale Research has labeled Aave (AAVE) a potential “household name,” describing the Decentralized Finance (DeFi) lending protocol as “a bank without bankers” in a new blog. “Aave is not yet a household name, but we think it will be eventually. Aave is essentially a bank without bankers—a decentralized lending marketplace on Ethereum and other blockchains that takes deposits and makes loans without any human operators,” Grayscale’s Head of Research Zach Pandl wrote. Pandl pointed to the Bank of Canada’s report
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