DeFi Intel

Aave v1 product

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Source: docs.aave.com

Overview

Aave v1 is an open-source, non-custodial liquidity protocol on Ethereum that enables users to lend and borrow cryptocurrencies. It introduced features like flash loans and interest-bearing aTokens, and was the first version of the Aave protocol before being succeeded by Aave v2.

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Frequently asked questions

What is Aave v1?

Aave v1 is an open-source, non-custodial liquidity protocol on Ethereum that enables users to lend and borrow cryptocurrencies.

What features did Aave v1 introduce?

Aave v1 introduced features like flash loans and interest-bearing aTokens.

How does Aave v1 relate to later versions?

Aave v1 was the first version of the Aave protocol before being succeeded by Aave v2.