Your thoughts on AAVE?

So my friend suggested I buy(?) this token but I'm not sure how it actually works. He told me there's some sort of a lending and borrowing system which is impressive for a cryptocurrency imo. So what do you guys think?

I would not buy it now, it has gone up several hundred percent and needs to cool off. It is a good project though, it allows you to deposit some of the Ethereum based cryptocurrencies and get interest on them as well as borrow said assets. If you're borrowing though you need to provide double the crypto to back your loan. So borrowing 50$ requires you to have 100$ essentially.

i dont think it is good, you better find another stuff, but you can try it anyways

i am sorry forever for not joining bitcoin madness when they started. now crypto money is creeping everywhere. this is a good one to put dough on it. so if you need you buy. good for you. they rise everyday. very good ratings.

hmmmmm hhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

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