What is Aave?
Aave is a decentralized crypto lending platform that enables users to securely lend and borrow cryptocurrencies without the need for an intermediary.
Aave’s protocol is built on the Ethereum network and uses smart contracts to enable trustless lending and borrowing of cryptocurrencies between two users.
Users who lend through the Aave platform will receive rewards for lending their cryptocurrency holdings. Whereas borrowers will be able to use many different cryptocurrencies they hold as collateral to ensure all loans can be paid back.