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What is Aave?
Aave, which means 'ghost' in Finnish, is a non-custodial liquidity protocol. It allows users to earn interest on deposits and borrow assets. Aave is known for its wide range of supported cryptocurrencies and features that enhance the security and flexibility of crypto transactions.
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Flash Loans: Aave introduced the concept of flash loans, which are borrowed and repaid within a single transaction. This feature is useful for arbitrage opportunities and collateral swaps.
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Cross-Chain Compatibility: Easily transfer tokens across different blockchain networks.
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