No credit history or approval needed—how does on-chain borrowing work?
First, what is it? Depositors receive tokens representing their deposits, such as aTokens on Aave V3 or cTokens on Compound V2.
How it works: The health factor changes with prices. It falls if the collateral price drops or the price of the borrowed asset rises.
$AAVE is the governance token of the on-chain lending protocol Aave. Current price: 167.08.
It’s okay to play it safe—staying in the market matters more than how much you make in one go.
#AAVE
First, what is it? Depositors receive tokens representing their deposits, such as aTokens on Aave V3 or cTokens on Compound V2.
How it works: The health factor changes with prices. It falls if the collateral price drops or the price of the borrowed asset rises.
$AAVE is the governance token of the on-chain lending protocol Aave. Current price: 167.08.
It’s okay to play it safe—staying in the market matters more than how much you make in one go.
#AAVE