Description
One of the largest and most popular DeFi protocols in the world is Aave. Aave is a decentralised lending service that allows people to borrow and lend cryptocurrencies without the cumbersome and time-consuming processes of traditional banks.
Users can either earn interest on the Aave platform by depositing money into the service or borrow money deposited by other users.
Aave also offers its users a wide range of interest rates. Borrowers can choose from a range of interest rate options, from fixed rates to variable rates. This ensures that each user finds what best suits their preferences.
