DeFi — Credit & Lending: AAVE

Source: https://www.newsbtc.com/wp-content/uploads/2020/08/aave.jpg

Aave is an open source and non-custodial liquidity protocol for earning interest on deposits and borrowing assets.

What is AAVE?

AAVE lending and variable borrowing rates are more predictable than the other protocols we have seen such as Compound, because, unlike the volatile COMP token in Compound, no subsidy is involved.

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