Aave SNX v1 logo

What is Aave SNX v1?

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

Full description of Aave SNX v1

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

Aave SNX v1 for developers

Aave SNX v1 social sites

 Source: NOMICS