Aave Protocol
The Aave Protocol is an open-source, decentralized finance (DeFi) protocol built on the Ethereum blockchain and released in 2020. It is one of the largest cryptocurrency liquidity protocols. The Aave Protocol uses smart contracts to automate processes, including distributing funds and handling collateral.
| Communication protocol | |
| Purpose | Decentralized finance |
|---|---|
| Developer(s) | Aave Labs |
| Introduction | January 2020 |
| Website | aave |
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