What is Aave LEND?

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

Full description of Aave LEND

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

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

Aave LEND for developers

Block explorer ^(?): https://etherscan.io/address/0x7D2D3688Df45Ce7C552E19c27e007673da9204B8
gitHub: https://github.com/aave/aave-protocol

Aave LEND social sites

Reddit: https://www.reddit.com/r/Aave_Official/
Medium: https://medium.com/aave
Telegram: https://t.me/Aavesome
Discord: https://aave.com/discord
Twitter: https://twitter.com/aaveaave

 Source: NOMICS

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