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Aave

Entity Type
Corporation
Links
Website Twitter LinkedIn
Industry
Information Technology & Services
Location
London
Founding Date
2017

Aave is a leading technology company creating a transparent and open infrastructure for decentralized finance. It is an open-source and non-custodial liquidity money market protocol established to earn interest on deposits and borrow assets. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain loans by tapping into these pools with variable and stable interest rate options.

HOW TO USE THE SERVICE?

  • You simply deposit your preferred asset and amount.
  • After depositing, you will earn passive income based on the market borrowing demand.
  • Additionally, depositing assets allows you to borrow by using your deposited assets as collateral. Any interest you earn by depositing funds helps offset the interest rate you accumulate by borrowing.

Warnings and Disclaimers

The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not designed to meet your personal financial situation - we are not investment advisors nor do we give personalized investment advice. The opinions expressed herein are those of the publisher and are subject to change without notice. It may become outdated an there is no obligation to update any such information.

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