Token intelligence

Aave KNC

aKNC

0x39c6b3e42d6a679d7d776778fe880bc9487c2eda

Price

$0.1766

Narrative Summary

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

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