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Unique collateral at Aave
Outside of common defi tokens like eth, dai and usdc, Aave will soon add the ability for users to take out borrowed positions on fee collecting tokens like uniswap lp tokens and tokensets this means users could take out a loan against a position that is earning them revenue – without having to sacrifice the opportunity cost of being unable to enter those positions in order to take advantage of crypto lending and borrowing
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Flash loans have quickly become one of the main selling points for Aave – namely due to the fact that they require zero collateral to use
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Aave Deals
Whereas other lending platforms tend to lock users into fixed or variable interest rates, Aave’s rate switching function allows users to switch between two different types of rates this allows them to get the best interest rate on their loans, by choosing between “stable” and “variable” interest rates
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Aave pay allows europe based users to pay for everyday items in fiat currency, using their cryptocurrency balance
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