Summary of AAVE and DeFi EXPLAINED | 2 Minute Crypto

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AAVE is a decentralized lending protocol that uses Ethereum smart contracts. It is designed to replace traditional banks with smart contracts, allowing for more flexibility and transparency in the lending process. The video goes on to explain how AAVE works and how it can be used in the world of cryptocurrency.

  • 00:00:00 AAVE is a decentralized lending protocol that uses Ethereum smart contracts. It is designed to replace traditional banks with smart contracts, allowing for more flexibility and transparency in the lending process.

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