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Aave

DeFi Token
What is Aave?

Aave (AAVE) is a leading decentralized lending and borrowing protocol. Users can deposit crypto to earn interest or borrow against their collateral. Aave introduced innovations like flash loans (uncollateralized instant loans) and variable/stable interest rates. AAVE is used for governance of the protocol and can be staked in the Safety Module to secure the platform.

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