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  1. DeFi: Understanding Lending Protocols

AAVE: Borrowing against ERC-20 assets

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Last updated 2 years ago

Aave is a decentralized non-custodial liquidity market protocol where users are able to borrow against their ERC-20 assets, ex. ETH, BTC, USDC, USDT. The process and components of locking your assets and borrowing capital against your collateral will be very similar to how the DeFrag protocol process is planned to be.

Open Source Liquidity ProtocolAaveAave
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