What is Aave Protocol (AAVE)?

AAVE (Aave Protocol) is a decentralized lending and borrowing platform built on the Ethereum blockchain. It allows users to lend and borrow a wide variety of digital assets, including cryptocurrencies, in a trustless and decentralized manner. One of the key features of the Aave protocol is that it allows users to borrow assets using a technique called "flash lending," which enables borrowers to access funds quickly and without the need for a collateral deposit. Instead, borrowers must have a good…