Token Spotlight: Aave (AAVE) and ambition to lead the DeFi sector.
Aave is a decentralized lending protocol (Lending DeFi) that allows users to lend and borrow multiple cryptocurrencies using stable coins or other coins with different interest rates.
Aave has its own features such as unsecured loans, exchange rate conversion, Flash Loans, separate collateral,...
What steps has Aave made to realize its ambition to lead the DeFi sector?
Aave has
officially launched the GHO stablecoin on the Ethereum mainnet. The event received a very positive response from the community, reaching a market capitalization of $2.5 million in just 48 hours. GHO is expected to be able to attract more cash flows into Aave's product ecosystem as well as help this ecosystem grow stronger and more diverse in the future.
Aave
pioneered the use of Real World Assets (RWAs) into tokens to secure loans. This is an important step forward, facilitating the mutual support between traditional finance and DeFi as well as maximizing the limitations of DeFi.
Chainlink's Cross-Chain Interoperability Protocol (
CCIP) has
selected Aave as one of the first two DeFi platforms supported. With the support of the new protocol from Chainlink, Aave can elevate the DeFi experience of users to a whole new and unprecedented level. This will be an extremely important lever in the development of Aave in the future.
With efforts accompanied by solid momentum, AAVE's growth potential is extremely promising.
Right now, users can
Buy/Sell AAVE through the ONUS app at the
best rates and
completely free transactions.
Trading pairs
AAVEVNDC have been listed on the
ONUS Pro exchange with maximum leverage of up to
25x along with the most attractive trading fees in the market.
#Token_Spotlight #AAVE #DeFi #ONUS #ONUSPro
