July 8, 2020 Aave introduces a new credit delegation service.

The decentralized money market protocol, Aave, has introduced a new credit delegation (CD) service that allows users to delegate any credit issued to them via the protocol to another user. The service has been developed with the assistance of the blockchain organization, OpenLaw, who carry out the loan enforcement. Stani Kulechov, CEO of the company behind Aave, stated in his announcement that he expects the development to help scale decentralized finance (DeFi) over the coming years.