AToken Inked A Strategic Partnership with Aave
We are so excited to announce that AToken inked a strategic partnership with Aave, a leading DeFi lending protocol in the UK. On 10th August, AToken newly supports USDT, ETH, DAI current deposits from Aave, and more Aave DeFi products will be supported by AToken wallet in the following cooperation. With the support of Aave, AToken is able to provide users more convenient and diverse DeFi products. Also, AToken will help Aave to expand its Southeast Asian market so that more users can access high-quality DeFi products from Aave conveniently.
Aave is an open source and non-custodial protocol enabling the creation of money markets. It enables users to earn interest on deposits and borrow assets. The Aave protocol relies on a lending pool to offer high liquidity. Loans are backed by collateral and represented by aTokens, derivative tokens which accrue the interests. Aave improved Decentralized Finance’s current offering, bringing two key innovations to the lending ecosystem: stable rates and flash loans. As a decentralized light wallet, AToken is devoted to building a “scenario entrance” to global digital assets and DeFi is an indispensable part of it. The partnership with Aave will further invigorate AToken DeFi ecosystem as well as bring more users for AToken. Also, with AToken’s huge user base in Southeast Asian, Aave’s market expansion in Southeast Asian is much easier and both parties will join forces to bring more diverse and profitable DeFi products for Southeast Asian users.
In addition to the integration of DeFi products, AToken and Aave will also host 2 AMAs in both AToken Chinese and English communities to celebrate this cooperation. Don’t miss this precious opportunity to learn more about DeFi: https://t.me/ATokenEnglishOfficial
About Aave
Aave is an open source and non-custodial protocol enabling the creation of money markets. It enables users to earn interest on deposits and borrow assets. The Aave protocol relies on a lending pool to offer high liquidity. Aave improved Decentralized Finance’s current offering, bringing two key innovations to the lending ecosystem: stable rates and flash loans.
About AToken
AToken Digital Currency Wallet is built by former development core team of Huobi exchange wallet. It is a light mobile wallet that supports multi- currency storage, the access to third-party DApps and currency exchange. AToken users exceeded 1,500,000 with 10.5 billion stored in assets.
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