Market Cap: $3.6793T -2.630%
Volume(24h): $210.1238B 27.900%
Fear & Greed Index:

57 - Neutral

  • Market Cap: $3.6793T -2.630%
  • Volume(24h): $210.1238B 27.900%
  • Fear & Greed Index:
  • Market Cap: $3.6793T -2.630%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What is AAVE coin? What does AAVE mean?

The native cryptocurrency of the Aave decentralized lending platform, Aave Coin (AAVE), serves as a governance token for holders to influence the protocol's decision-making.

Oct 04, 2024 at 04:24 am

  1. What is Aave Coin?

Aave Coin (AAVE) is the native cryptocurrency of the Aave decentralized lending platform. It is a governance token that grants holders the power to vote on proposals that impact the protocol's development and direction.

  1. What Does AAVE Mean?

AAVE stands for A Automated Market Maker for Ethereum. It refers to the underlying technology behind the Aave platform, which uses smart contracts to automate the lending and borrowing of crypto assets on the Ethereum blockchain.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

See all articles

User not found or password invalid

Your input is correct