What is Aave ETH v1?

Aave ETH is an interest bearing token minted upon deposit and burned when redeemed.

Full description of Aave ETH v1

Aave ETH is an interest bearing Token ^(?) minted upon deposit and burned when redeemed. The aETH is pegged 1:1 to the value of the underlying ETH that is deposited in Aave protocol. aETH, can be freely stored, transferred, and traded. While the underlying asset is loaned out to borrowers, aETH accrue interest in real time, directly in your wallet!

Exchange symbol ^(?): AETH
Cryptocurrency type ^(?): Token ^(?)

Aave ETH v1 for developers

Block explorer ^(?): https://etherscan.io/token/0x3a3a65aab0dd2a17e3f1947ba16138cd37d08c04
gitHub: https://github.com/aave/aave-protocol

Aave ETH v1 social sites

Reddit: https://www.reddit.com/r/Aave_Official/
Telegram: https://t.me/@Aavesome
Discord: https://aave.com/discord
Facebook: https://www.facebook.com/AaveCom/
Twitter: https://twitter.com/aaveaave

 Source: NOMICS

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