What is Aave REP?

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

Full description of Aave REP

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

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

Aave REP for developers

Block explorer ^(?): https://etherscan.io/address/0x71010a9d003445ac60c4e6a7017c1e89a477b438
gitHub: https://github.com/aave/aave-protocol

Aave REP 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

Discover all crypto tokens

Discover all cryptocurrencies

Learn more cryptocurrencies jargon

Cryptonyms.net: The source to understand cryptocurrency

The cryptocurrencies and blockchains acronyms, abbreviations, initialisms, specific terms and terminology, and even slang in a dedicated glossary database. Cryptonyms.net website is powered by the web's most comprehensive dictionary of acronyms, abbreviations and initialisms for the cryptocurrency and blockchain world.
Cryptonyms.net allows users to decipher acronyms, abbreviations, initialisms and slang of cryptocurrencies. Cryptonyms.net is entirely dedicated to unravel the language of cryptocurrency unlike online generalist glossaries, search engines and encyclopedias