Offers a base annual percentage yield (APY) of 6%, which can rise up to 9% through usage incentives.
YuppieGarcia
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Aave launches its own app to save and earn interest with cryptocurrencies.
🤑 The platform seeks to integrate the infrastructure of the Aave protocol with a simplified interface, allowing users to access yields typical of the decentralized finance (DeFi) sector without greater technical complexity.
😎 The system allows deposits from bank accounts or directly in stablecoins, capitalizing interest second by second. Stani Kulechov, CEO of Aave Labs, stated in a statement that the initiative aims to provide a competitive and transparent alternative to traditional banking products.
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