Among the many applications that emerged from blockchain technology, decentralized finance (DeFi) holds a special place, eliminating middlemen from financial activities. Aave is one of the top DeFi lending platforms out of the platforms that were developed from the smart contracts capability of Ethereum.
From lending and borrowing cryptocurrencies to providing flash loans and arbitrage trading, Aave enables users to leverage the benefits of a decentralized financial system. But, what is Aave? How does it work and does it have any risks? Let us find out here.
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