What is Aave USDT?

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

Full description of Aave USDT

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 for developers

Block explorer ^(?): https://etherscan.io/token/0x3ed3b47dd13ec9a98b44e6204a523e766b225811
gitHub: https://github.com/aave/aave-protocol

Aave USDT 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

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