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Aave (AAVE)

What is it?

A crypto lending platform, Aave assists customers in borrowing and lending crypto. Through liquidity pools, users deposit crypto and gain interest. These deposits are then used for customers looking to borrow other cryptocurrencies. Aave promises greater flexibility on interest rates and market conditions.

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Why trade it?

Along with its extensive variety of currencies, Aave also offers flash loans that are uncollatoralised loans in the DeFi community.

Did you know…

With Aave, you can borrow or lend up to 17 different cryptocurrencies!

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