$AAVE Aave (AAVE) is a decentralized finance (DeFi) protocol on the Ethereum blockchain that enables users to lend and borrow a variety of cryptocurrencies without intermediaries.
Lenders earn interest by providing liquidity to the market while borrowers can obtain loans by posting collateral.
The protocol's native token AAVE serves multiple functions:
Governance: AAVE holders participate in decision-making processes influencing protocol developments and parameter adjustments.
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