The decentralised lending (DeFi) heavyweight, Aave is an open-source cryptocurrency lending protocol governed entirely by its users. Lenders earn interest on their deposits, while borrowers gain access to cash using their cryptocurrencies as collateral.
Underlying this ecosystem is a token of the same name, AAVE, which has registered spectacular growth in recent months. AAVE holders can participate in protocol governance and pay less in fees.
Performance summary for AAVE/USD
View the annual performance of AAVE/USD, the cryptocurrency launched in 2017
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