Aave token token
Overview
Aave (AAVE) is the native governance and utility token of the Aave protocol, a decentralized non-custodial liquidity market. Token holders can vote on protocol changes, stake AAVE in the Safety Module to earn rewards and provide insurance coverage, and receive fee discounts on the platform. It is an ERC-20 token on Ethereum and also exists on other networks via bridges.
Within the DeFi Intel graph, Aave token connects to 10 tracked entities, most strongly to Aave, Aave V3, Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 10 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Aave | 95% |
supports_token | Aave V3 | 95% |
mentions | Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt | 95% |
supports_token | Aave Horizon RWA | 95% |
supports_token | Aave DAO | 95% |
supports_token | Aave DAO | 95% |
mentions | Aave DAO Votes to Consolidate All Revenue Under AAVE Token | 95% |
deployed_on | Ethereum | 85% |
covers | Aave DAO Votes to Consolidate All Revenue Under AAVE Token | 70% |
suffered_loss | NEAR | 60% |
Frequently asked questions
What is the Aave token?
Aave (AAVE) is the native governance and utility token of the Aave protocol, a decentralized non-custodial liquidity market. It is an ERC-20 token on Ethereum and also exists on other networks via bridges.
What can AAVE token holders do?
Token holders can vote on protocol changes, stake AAVE in the Safety Module to earn rewards and provide insurance coverage, and receive fee discounts on the platform.
What chains is AAVE deployed on?
AAVE is deployed on Ethereum as an ERC-20 token and also exists on other networks via bridges.