What is Aave REN v1?

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

Full description of Aave REN v1

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

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

Aave REN v1 for developers

Block explorer ^(?): https://etherscan.io/token/0x69948cc03f478b95283f7dbf1ce764d0fc7ec54c
gitHub:

Aave REN v1 social sites

Reddit: https://www.reddit.comr/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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