CoinDCX will list Aave (AAVE) on the INR Spot Market and open trading for AAVE/INR market pairs at 06:00 PM (IST) on July 27, 2021.
What is Aave (AAVE)?
Aave is a decentralized finance protocol that allows people to lend and borrow crypto. Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity. The project allows people to borrow and lend in about 20 cryptocurrencies, meaning that users have a greater amount of choice.
Project Website: Aave – Open Source DeFi Protocol
Kindly Note: Crypto trading is subject to high market risk. Please make your trades cautiously. CoinDCX will provide its best efforts to choose high-quality cryptos, but will not be responsible for your trading losses.
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