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Aave 

In reality, the fixed one does not really reflect the peculiarity of the word, but it means that it is less volatile than the variable one. The variable rate is calculated on the basis of supply and demand of the asset to be borrowed; it benefits the user when there is less demand on that particular asset.

At the time of writing, DAI is the asset with the highest APR (Annual Percentage Rate), both on deposits (10.46%) and loans (fixed=27.51%, variable=12.34%).  

Another innovation worthy of note from Aave is the Flash Loan: it is a totally trustless loan that does not require a collateral deposit. Through the Flash Loan, it is possible to request a certain amount of liquidity from the reserve, which must be returned within the same transaction; the term "Flash" is explained here. 

It is possible to comment and follow the continuous evolution with other "Defi-friends", joining the Discord server named "Aave (LEND) Community", on GitHub writing "aave-protocol" and on the official Twitter profile. 

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