Kulechov was born in 1991 within the former Soviet Republic of Estonia, earlier than his household emigrated to Finland and settled in Helsinki amid the financial disaster that adopted the Soviet Union’s collapse. In 2015, whereas at Helsinki College College of Regulation, he got here throughout Ethereum and began studying about good contracts. Kulechov constructed “ETHLend,” the precursor to the Aave Protocol, whereas in his dorm room on the identical college. Kulechov now lives in London, the place Avara relies.