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Aave is an Open Source DeFi Protocol that focuses on Lending & Borrowing in order to generate yield. Additionally, it incentivizes users by distributing its governance token AAVE to its users.
  • Name: Aave
  • Code: Open Source
  • Yield Generation Source: Lending & Borrowing
  • Governance Token: Yes
  • Governance Token Rewards: Yes
  • Inception: 2017* (As EthLend)
  • Bug Bounty: Yes, up to $250k for critical bugs