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Aave USDT

Aave USDT

Aave interest bearing tokens (aTokens for short) are minted upon deposit and burned when redeemed. The aTokens are pegged 1:1 to the value of the underlying asset that is deposited in Aave protocol.

OverviewStructured DataIssuesContributors

Contents

ethlend.io
aave.com
Is a
Cryptocurrency
Cryptocurrency

Cryptocurrency attributes

Industry
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Cryptocurrency
Cryptocurrency
Decentralized Finance
Decentralized Finance
Blockchain
Blockchain
Ticker Symbol
AUSDT
Block Explorer URL
etherscan.io/token/0x...25db65ae8
ethplorer.io/address/...25db65ae8

Other attributes

CoinGecko ID
aave-usdt0
Community Forum
bitcointalk.org/index.php
Cryptocurrency Symbol
AUSDT
Location
London
London
Medium URL
medium.com/aave
Exchange
Aave
Aave

Aave (fun fact: the name is taken from the Finnish word for "ghost") is a decentralized, open-source, and non-custodial liquidity protocol on Ethereum. Depositors earn interest by providing liquidity to liquidity pools, while borrowers can obtain liquidity by tapping into these pools with variable and stable interest rate options. Aave Protocol is unique in that it tokenizes deposits as aTokens, which accrue interest in real time. It also features access to Flash loans and Credit Delegation as uncollateralized borrowing options.

Timeline

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Further Resources

Title
Author
Link
Type
Date

AAVE - road to $3 billion

https://youtu.be/oUlM-WbRr3Y

Web

April 4, 2021

References

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