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ASONUSDC

Aave USDC (Sonic) logo

Aave USDC (Sonic)

0.99979
+0.00409881649
+0.41%
Feb 08, 12:15 UTC

About

aSonUSDC is the interest-bearing token users receive when they deposit USDC into the Aave protocol on Sonic. It represents the user's share in the liquidity pool and accrues interest over time. The value of aUSDC increases as borrowers pay interest, which is then distributed to lenders. This mechanism allows users to earn passive income while maintaining liquidity, as aUSDC can be redeemed for the underlying USDC at any time. For more detailed information, you can refer to the Aave documentation @ aave.com

Info & Links

Website

Contracts

  • sonic:
    0x578…d11c6
Read More
Data From

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