Aave V1

Total Users

Rewards

Volume: $0
Contract Balance: $10,855,920
Category: - No data available.
Blockchain: Ethereum
Language: - No data available.

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News

Mercado Bitcoin Tokenizes $200 Million on XRP Ledger: A New Step in Financial Technology

Mercado Bitcoin announces the tokenization of $200 million in financial assets on the XRP Ledger, advancing blockchain technology in the financial sector.

Giorgi Kostiuk

2 minutes ago

Cyber Attack on C&M Software: $140 Million Loss

C&M Software, linking Brazil's Central Bank with local banks, faced a severe cyber attack leading to the theft of $140 million.

Giorgi Kostiuk

3 minutes ago

Launch of WLFI Token: Future of Trading and Community Involvement

World Liberty Financial is working to expand the availability of WLFI token, which may significantly change its trading landscape.

Giorgi Kostiuk

14 minutes ago

What is Aave V1?

Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain loans by tapping into these pools in both an overcollateralized or undercollateralized fashion. Aave protocol is unique in that it tokenizes deposits as aTokens which accrue interest in real time. It also features access to highly innovative flash loans, which let developers borrow instantly and easily; no collateral needed. With 16 different assets, 5 of which are stablecoins, Aave protocol is the most diverse lending pool in the Ethereum ecosystem.