The current price of Aave DAI is $0.998166 in USD. As of now, a total of 0 adai are in circulation across the market. Aave DAI has experienced a price change of 0.20% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Aave DAI trading volume on crypto exchanges has reached $185.3K.
Description
Aave Interest Bearing DAI (aDAI) v2 is an upgraded ERC-20 token from the Aave v2 protocol, representing DAI deposits along with accrued interest. Aave is a DeFi platform on Ethereum that enables lending and borrowing via smart contracts, with innovations like flash loans and aTokens. aDAI v2 enhances security and efficiency by holding underlying DAI within its contract, ensuring that 1 aDAI v2 equals 1 DAI at deposit while balances grow as interest accrues. It supports automatic interest accrual, efficient ERC-20 functionality, and lower gas costs. The Aave team, led by Stani Kulechov, introduced these improvements during the transition from v1, offering a migration tool to streamline the upgrade.
adai Markets
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