The AAVE token is an ERC-20 compatible token with the addition of a snapshot feature (used in governance balance tracking) and integrates EIP 2612 permit function, allowing gas-less transactions and one transaction approval/transfer. This section will cover the technical aspects of the token.Aave is a robust DeFi protocol that is ranked number ninth in the list of top DeFi tokens by market capitalisation, according to CoinMarketCap as of 21 November 2022.
