About Aave (AAVE)
Aave is an open-source and non-custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate. It also enables ultra-short duration, uncollateralized flash loans designed to be integrated into other products and services. It began as ETHLend in 2017 after raising $16.2 million in an Initial Coin Offering (ICO) to create a decentralized lending platform.
AAVE token is the ERC20 compliant native governance token of the AAVE network.
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