AAVE: Another New Cryptocurrency on the Market

shahriar33 (66)Bangladeshin Serey • 3 years ago

Aave

A new DEFI cryptocurrency is Aave. Although this crypto project is not a new one. You can say it's just rebranded. Previously its name was ETHland which was created in the year 2017. It's a decentralized non-custodial and open-source landing protocol that allows the users to earn interest on deposits and borrow digital assets.

So, the question arises how does it work! Well, it also runs on the Etherium Blockchain and is created on smart contracts. It has a wonderful feature which is called Flash Loan. Although the flash loan is an experimental financial tool that is not available on all blockchain platforms. If you want to buy Aave then you buy it from a few large marketplaces such as finance, coinBene, OKeX and CoinDCX
Hope that soon it will be available on every platform. Thanks for reading✌✌

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#crypto #cryptocurrency #aave #defi #finance #economy