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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More / Etherum Reddit - 3 years ago

Lending ETH on Aave protocol

Am I missing something? I did some research on the Aave protocol and it appears as if I can lend my ETH, earn interest reward ETH, and withdraw all of it whenever I want. Isn’t this a great way to add to your ETH stash and potentially earn money?...