Token intelligence

Aave DAI

aDAI

0x028171bca77440897b824ca71d1c56cac55b68a3

Price

$0.9998

Narrative Summary

Aave DAI is an interest bearing token minted upon deposit and burned when redeemed. The aDAI is pegged 1:1 to the value of the underlying DAI that is deposited in Aave protocol. aDAI, can be freely stored, transferred, and traded. While the underlying asset is loaned out to borro

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