Total Supply: 16,000,000
Founding Year: 2017
Blockchain Explorer: https://etherscan.io/token/0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9
Aave is a decentralized finance protocol that allows people to lend and borrow crypto, built on Ethereum.
AAVE provides holders with discounted fees on the platform. It also serves as a governance token — giving owners a say in the future development of the protocol.
In July 2020, Aave unveiled plans to hold a token swap. The 1.3 billion AAVE tokens in circulation was swapped for newly minted AAVE at a ratio of 1:100, creating a total supply of 16 million AAVE.
ApolloX Product: AAVEUSDT Perpetual Contract
AAVEUSDT is a USDT quoted perpetual contract that has no expiration date or settlement. Funding rates will be updated every 8 hours: