AAVE - AAVE

The decentralised lending (DeFi) heavyweight, Aave is an open-source cryptocurrency lending protocol governed entirely by its users. Lenders earn interest on their deposits, while borrowers gain access to cash using their cryptocurrencies as collateral.

Underlying this ecosystem is a token of the same name, AAVE, which has registered spectacular growth in recent months. AAVE holders can participate in protocol governance and pay less in fees.