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How to Use Aave?

Many people are wondering how they can make use of decentralized Finance (DeFi) products as they have brought new life not only to crypto but also traditional finance markets. Numerous ambitious lending protocols like Aave (AAVE) have sparked a hope that DeFi might eventually have the same omnipresence as traditional finance, and this would be a godsend to the millions of unbanked all around the world.

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What is Yield Farming, Liquidity Mining, Staking and Their Risks

Yield farming is a means of earning interest on your cryptocurrency, similar to how you’d earn interest on any money in your savings account. And similarly to depositing money in a bank, yield farming involves locking up your cryptocurrency, called “staking,” for a period of time in exchange for interest or other rewards, such as more cryptocurrency.

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