Aave (AAVE) vs Polygon (MATIC)

[Loco1887]

If you had to decide between those two, what would be ur decision?

[bitkanu]

I will prefer polygon over aave. Polgyon was a blockchain token and this means the ecosystem that used polygon is far bigger compared with aave. I will not say aave was bad but this is only a token that used on its platform. You will not see utility for aave token in another platform. The usability was also being limited unlike polygon which can be used in various blockchain of platforms. Aave has some limitations to the its holders

[Widdop37]

Polygon is more useful for everyone than Aave, smart contract projects have a thing that many crypto projects dont have, if it's built right the project will make a big name for itself, Aave is good but not on par with Matic.

[Loco1887]

but aave has less risks than polygon hasnt it? (ethereum 2.0 could hurt polygon significantly)

[Loco1887]

Polygon is more useful for everyone than Aave, smart contract projects have a thing that many crypto projects dont have, if it's built right the project will make a big name for itself, Aave is good but not on par with Matic.

whats ur price prediction for polygon in 2022?

[LUCKMCFLY]

but aave has less risks than polygon hasnt it? (ethereum 2.0 could hurt polygon significantly)

Eventually it is not that it can damage it, what the ETH network has to correct is its high fees and make congestion not a problem, but I understand that the ETH2.0 programmers had withdrawn and to be able to do the update it is a very hard and arduous job that takes a long time, even so the programmers are at 100% almost 24 hours a day there.


For now, the Polygon network is the one that many developers want to develop all their projects over there, but I would not trust myself, the ETH network has much more time, and where the scalability problems are completed well, it will be the best network of all.

[poodle63]

definitely MATIC since it's a smart contract platform, as much as good an AAVE is, it's still just a project but MATIC is where quite literally so many projects runs and that alone adds demands to the matic in the market.
also smart contract altcoins are usually among highest ranking in terms of market capitalization for reason, that's because the demands coming from all the project that runs in the smart contract blockchain platform and that could easily means as long as there is more and more new projects, added with the existing projects that keeps growing the demands for the MATIC will always also grow.

[X-ray]

but aave has less risks than polygon hasnt it? (ethereum 2.0 could hurt polygon significantly)

Both are having the same risk and which thing that makes you think if aave has less risky compared with the polygon. I don't even see that right now. I may be wrong about this but again i think that aave has the same risk as polygon although both have used different business model.
Ethereum 2.0 was still only a speculation. The blockchain may be merged next months but again the result is still a big question whether it will significantly change the problem of ethereum or not.

[adiebitsler]

Polygon is more useful for everyone than Aave, smart contract projects have a thing that many crypto projects dont have, if it's built right the project will make a big name for itself, Aave is good but not on par with Matic.

I also thought so and if these two cryptocurrencies were compared for now, many people would definitely choose Matic because of the reason that the Polygon network is still very smooth and Matic also still has the potential to be owned by everyone.

[asyakashi]

If you had to decide between those two, what would be ur decision?

I chose polygons, in terms of development, community and popularity, MATIC is superior. Several testnet projects as well as alternative ethereum networks for their NFT transactions prefer the MATIC network as a cheap, secure, and easy network. Yes, maybe the two are not much different but MATIC is growing faster than AAVE, although AAVE definitely has its unique advantages, but still some people want to choose the one that the majority use.

[shinratensei_]

Im sure that anyone here will be seeing polygon was one step ahead compared with aave. I know that aave was a very popular defi but i will try to remind you that if aave was only fully working when you are using its platform. So many defi in the polygon blockchain were adopting polygon or matic as the main pair as well. You can see which one that gives more benefits to the holders. That's why polygon is very promising at this moment. It doesn't matter if it was second layer but the fungibility of polygon was a lot compared with aave.
Aave is not so good to be compared with polygon

[batang_bitcoin]

I'll choose matic.
I am seeing more projects on the matic network than AAVE. And I think that the team is doing better in their PR than the AAVE. I don't know about AAVE but that's what I see.
Maybe I'm wrong but that's the opinion and the project that I'll choose.

[Exio.tech]

We should not look at this question only as investors. they have their own use cases. Yes MATIC is a coin that is being used every time a user interacts with any smart contract on its blockchain which gives it a pretty big use case. AAVE is a land/borrow protocol so this means that you use it only if you need to do that. Yes MATIC might bring more money to investors and yet they are bought great projects that will provide good service to its users depending on what the user is looking for.

[lobo13hf]

Polygon was good and aave too. It's hard to determine which one better. Aave will be more superior when it comes to the defi token but in another side polgyon was a very good token as well in term of second layer solution. I will pick both. This is a very hard situation to decide. There are so many defi built in the polygon blockchains. The came of so many defi in the matic blockchain has been making matic gets more utility and owner will able to stake it anywhere.
AAve looks good but the APY was not look good at this moment too. Matic can still be developed into the various thing.

[Exio.tech]

Fear point) but AAVE can be something bigger too. there was a case when somebody put his home as collateral in AAVE and borrowed.
If we assume that anything that's being used as collateral outside blockchain can also be that on-chain well that would mean that AAVE could hold Trillions of dollars in liquidity and this is the housing market alone which is huge as I'm sure you are well aware

[Ziskinberg]

Polygon was good and aave too. It's hard to determine which one better. Aave will be more superior when it comes to the defi token but in another side polgyon was a very good token as well in term of second layer solution. I will pick both. This is a very hard situation to decide. There are so many defi built in the polygon blockchains. The came of so many defi in the matic blockchain has been making matic gets more utility and owner will able to stake it anywhere.
AAve looks good but the APY was not look good at this moment too. Matic can still be developed into the various thing.

It seems you are right, they are too close when it comes to market predictions. Many experts are too optimistic about both of them.
https://currency.com/aave-price-prediction
https://zipmex.com/learn/matic-price-prediction/

Well, keeping them seems to be profitable if the said prediction is right. But somehow, we can't deny how volatile is the crypto market, we can just overthink that it all goes that way easily. Investing them still risky, we can't just rely on how these crypto experts say but also have to consider the ff;
 - market volume
 - the role of the said project in the market
 - market review