What is Aave WBTC v1?

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

Full description of Aave WBTC v1

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

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

Aave WBTC v1 for developers

Block explorer ^(?): https://etherscan.io/token/0xFC4B8ED459e00e5400be803A9BB3954234FD50e3
gitHub: https://github.com/aave/aave-protocol

Aave WBTC 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
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