Aave


Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral. The protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner. Lenders can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.

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by COINS NEWS - 4 weeks ago

72 AAVE appeared in my wallet, What the hell?

Hello, I need some help. Today I've noticed that exactly 72.94 AAVE appeared in my coinbase wallet. It's weird because there's no $ appearing atop the currency unlike the other currencies. And it's called AAVEPoolorg. I've not sha...

by COINS NEWS - 2 months ago

A detailed explanation of what happened with CRV and AAVE.

I will be trying my best to explain what happened yesterday in DeFi. It is extremely important to understand the risks in DeFi markets and possible exploits. HERE WE GO. Yesterday DeFi markets had an irregular day, as the famous trader Avraham Eisenb...