@candicehoover
Aave plays a key role in the growth of decentralized finance (DeFi) by providing decentralized lending and borrowing services. Aave’s protocol allows users to earn interest on their crypto assets by lending them out, while also enabling them to borrow assets against collateral. This facilitates liquidity in the DeFi ecosystem and helps users access capital without needing to rely on traditional banks or intermediaries. Aave’s innovations, such as flash loans, have also helped expand the use cases for DeFi applications.
0 reply
0 recast
0 reaction