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21 January 2021

Top DeFi protocol Aave rolls out v2: native Ethereum token instantly spikes 8% | CryptoSlate

Top DeFi protocol Aave rolls out v2: native Ethereum token instantly spikes 8% | CryptoSlate


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Top DeFi protocol Aave rolls out v2: native Ethereum token instantly spikes 8%.

Through Aave, Ethereum DeFi users can easily lend and borrow top digital assets like ETH and stablecoins.

Rolled out just minutes ago as of this article’s writing, Aave v2 aims to issue solutions to some pain points that users of the first iteration of the protocol had.

This means that you can deposit $1,000 worth of collateral into Aave, then delegate that credit to another address to let the owner of that address use it as collateral.

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