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 - 1 year 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...

More / Etherum Reddit - 1 year ago

Fake AAVE Scam?

Pretty sure I got scammed somehow with a fake AAVE token/ad (txn 0x49dc6f919ba5890af961727a12eb966f90b2a8c6d4c757fd2fbefc0be0747cfb). Received these tokens that said to visit AAVE for an airdrop. Four days later, someone managed to convert all of the...