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Aave announces new token: Next Ethereum based DeFi token to skyrocket?

Aave announces new token: Next Ethereum DeFi token to skyrocket?

The Aave loan protocol will start its transition process to a decentralized governance model with the introduction of the AAVE token. LEND will migrate to AAVE with the approval of the Genesis governance model. 100 LEND will be equal to 1 AAVE. The Ethereum-based Aave protocol will initiate the process of transition to a decentralised governance model.








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