Binance Reportedly Almost Closed U.S. Arm; GameStop Says Goodbye to Crypto Wallets
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Aave is a decentralized finance protocol that allows people to lend and borrow crypto.
Aave, and its predecessor ETHLend, were founded by Stani Kulechov.
AAVE tokens have been built based on the ERC-20 standard, and they are designed to be deflationary. In the event of a shortfall in the DeFi protocol, staked tokens would be used as collateral as a last resort.
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