What is Aave USDC v1?

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

Full description of Aave USDC v1

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

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

Aave USDC v1 for developers

Block explorer ^(?): https://etherscan.io/token/0x9ba00d6856a4edf4665bca2c2309936572473b7e
gitHub: https://github.com/aave/aave-protocol

Aave USDC v1 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
Facebook: https://www.facebook.com/AaveCom/
Twitter: https://twitter.com/aaveaave

 Source: NOMICS

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