aUSDC

Aave is a decentralised non-custodial liquidity market protocol. Suppliers provide liquidity to the market to earn a passive income. Once their supplied amount is successfully registered, they receive aTokens. aETH denotes the continuous interest rate in annual percentage yield on USDC supplied to the Aave protocol and their share of interest paid by USDC borrowers.

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Collateral Details

Issuer
Aave
Type
Deposit
Blockchain
Ethereum mainnet
Token Type
ERC-20
Transferability
Permissionless
Collateralisation
USDC
Currency Denomination
USD
Yield Bearing
Yes
Whitelisting Status
Approved
Credit Charge
Yes

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