What is Aave USDT v1?

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

Full description of Aave USDT v1

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

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

Aave USDT v1 for developers

Block explorer ^(?): https://etherscan.io/token/0x71fc860F7D3A592A4a98740e39dB31d25db65ae8
gitHub:

Aave USDT v1 social sites

 Source: NOMICS

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