ASNX | Aave SNX v1 Crypto Research

🌟A New Frontier Awaits!🌟

You've found a project where contributions are yet to be made. Your insights can lead the way!

Aave SNX is an interest bearing token minted upon deposit and burned when redeemed. The aSNX is pegged 1:1 to the value of the underlying SNX that is deposited in Aave protocol. aSNX, can be freely stored, transferred, and traded. While the underlying asset is loaned out to borrowers, aSNX accrue interest in real time, directly in your wallet!