Let's examine the AAVE coin, which has made a big splash in recent times. The total supply is 16 million AAVE and the amount in circulation is 15.01 million AAVE.
Its total supply is small compared to many coins. It has completed most of the supply.
Aave describes itself as the world's largest liquidity protocol. The Aave project is among the leading decentralized projects in the field of finance.
In simple words: It can be called digital banking. It offers opportunities such as lending, borrowing, exchange and betting.
You earn interest income from your assets by adding them to the liquidity pool. It traded at a high of $666 and its current price is around $367.
It holds an important position in the DeFI world.