Aave [OLD] wallet

What is Aave [OLD] (LEND)?

LEND is the original token of ETHLend, the peer-to-peer lending project that became Aave. It is listed here as Aave [OLD] for a reason: LEND was retired in the rebrand and replaced by AAVE at a ratio of 100 LEND to 1 AAVE. Everything the current protocol does - governance, safety module, the parameters that matter - runs on AAVE. LEND does none of it.

So if you are holding LEND, you are holding a legacy ERC-20. The contract still exists on Ethereum and still transfers normally, because token contracts do not get switched off, but it has no role in Aave today. A balance that has been sitting in an old wallet since before the migration is the usual way people end up with it: keys recovered years later, an address dusted off, and a ticker that no longer matches the protocol it names.

Whether the swap route is still available is worth verifying against the protocol's own current documentation before making plans around it, as migration facilities of this kind do not stay open indefinitely.

Supported networks in Tangem (1): Ethereum.

One detail helps here: a migration never changes where you hold from. Tangem derives the address from a key created inside the card, and that key is not re-issued when a token you hold is replaced by a successor - the same card that held LEND receives whatever it converts to, at the same address, with the backup card you set up still valid. Old positions are exactly the case for storage whose address outlives the tokens sitting at it.