What is Aave KNC?

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

Full description of Aave KNC

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

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

Aave KNC for developers

Block explorer ^(?): https://etherscan.io/token/0x39c6b3e42d6a679d7d776778fe880bc9487c2eda
gitHub:

Aave KNC social sites

 Source: NOMICS

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