dApp Updates 📰🚀 #33: February 13th

Looking Serious

This is the 33rd issue of the Token Valley dApp newsletter. Let’s get right to it:

📺 dApp News

🤹 Tweets of the Week

✨ Token Valley’s ‘Weekly Spotlight’

Dapp of the week: AAVE

What is Aave?

Aave (from the Finnish word for "ghost") is a non-custodial protocol on Ethereum for decentralized lending and borrowing. For lenders, the protocol mints ERC20-compliant aTokens at a 1:1 ratio to supplied assets. Interest immediately starts compounding continuously, represented by a steady increase in the amount of aTokens held by the lender. This interest stream may be redirected to any address, separate from the aTokens that represent the underlying principal.

🤖🤣On the lighter side..


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