AAVE is an open-sourced DeFi protocol that allows people to borrow and lend cryptocurrencies! The protocol operates on blockchain networks which means that there are no centralized authorities governing the network.
Essentially this allows users to lend and borrow crypto and other assets without crossing any centralized intermediaries!
Links
Track AAVE here: https://www.coingecko.com/en/coins/aave
AAVE: https://aave.com/
Timestamps:
00:00 Intro
00:19 What is AAVE?
02:36 How does AAVE work?
05:10 AAVE’s features
07:34 AAVE V3
09:01 The future of AAVE
Download CoinGecko App!📱
iOS: https://gcko.io/coingecko-ios
Android: https://gcko.io/coingecko-android
Follow us!
Twitter: https://twitter.com/coingecko
Instagram: https://www.instagram.com/coingecko
TikTok: https://www.tiktok.com/@coingeckotv
Telegram: https://t.me/coingecko
Subscribe to CoinGecko’s Newsletter! 📩
https://landing.coingecko.com/newsletter/
#aave #defi #crypto #blockchain #cryptocurrency #web3
source