AAVE is simply a (crypto) peer-to-peer lending and borrowing platform that anonymously connects lenders and borrowers.

Community Links:

👉 AAVE website.

👉 AAVE twitter.

👉 AAVE token.

👉 AAVE Founder

👉 AAVE Docs

Quality Check:

✅ Audited

✅ Active community

✅ Active team

✅ Billions $$ of liquidity

✅ Decentralized, DAO.


Why Lend My Crypto? 🤔

  • Earn passive interest on autopilot.
  • Make your crypto holdings earn you money, instead of collecting dust.
  • Use your deposits as collateral to borrow against them, permissionless-ly.

Why Borrow Crypto? 🤔

  • Use your crypto holdings to leverage more buying power.
  • Your collateral earns interest while you borrow other crypto!
  • Lock-in low borrowing APR rates.

How Does It Work?

  • Each asset has 2 sides: borrowers and lenders.
  • Lenders deposit the asset into one big pool.
  • Borrowers can take loans from this pool.
  • Borrowers are OVER-collateralized, so they can't run off with money.
  • Interest rates on deposits are determined by borrow demand.
  • AAVE connects lenders and borrowers, anonymously.

What Is The AAVE Token Used For?

What Are The Risks Of Using AAVE?

  • Bugs, exploits are always possible. (safety module can cover lost funds)
  • Liquidation of your collateral can happen if you take riskier loans and don't actively manage your loans.

Stand Out Features?

  • Stable borrowing + Variable rate borrowing!
  • Repay debt with collateral.
  • Swap between collateral.
  • ability to borrow / lend LP tokens. (Liquidity provider positions)
  • Use staked SUSHI tokens (XSUSHI) as collateral.