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Grayscale Creates Trust Fund Based on Aave Cryptocurrency
Like other funds, Grayscale charges a hefty 2.5% management fee for its Aave-based crypto derivatives. The investment vehicle is currently worth $151,281, presumably from its initial investment.
The Grayscale Aave Trust lets you invest in a protocol that could revolutionize traditional finance. Using blockchain technology and smart contracts, Aave’s decentralized platform streamlines the process of lending and borrowing money, eliminating middlemen and reducing human error.