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What is LEND
Aave is a decentralized money lending agreement. It is open source and unregulated. Everyone can access its code. It is completely transparent and traceable. Everyone can audit it. Users can act as depositors or borrowers in Aave. Depositors provide liquidity to the market to earn passive income, while borrowers can borrow in ways that are over-collateralized (permanent) or under-collateralized (overall liquidity). The Aave protocol is implemented through a set of smart contracts on the Ethereum blockchain. Smart contracts can ensure security and require no intermediaries to intervene.
Type of Toekn: ERC20
Token status and distribution
Total amount: 1,299,999,941 LEND
Useful Links
Website : https://aave.com/
Contract address: https://etherscan.io/token/0x80fb784b7ed66730e8b1dbd9820afd29931aab03
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