# Aave

> Access the full power of DeFi.

Aave helps you earn interest and borrow assets through decentralized liquidity markets without intermediaries.

Aave helps users access DeFi services through decentralized liquidity markets for lending and borrowing crypto assets. With it, users can supply assets to earn interest, borrow against collateral, and access flash loans. Aave operates across multiple blockchains with transparent governance.

- Type: Protocol
- Sector: Finance
- Status: Active
- Founded: 2017-05-01
- Profile: https://thegrid.id/profiles/aave

## Products

- [Aave Protocol](https://thegrid.id/profiles/aave): Aave Protocol implements overcollateralized lending through automated liquidity pools, enabling supply and borrow operations across multiple blockchain networks. The system utilizes algorithmic interest rates and liquidation mechanisms to maintain protocol solvency and user capital efficiency. (Decentralised Borrowing & Lending, Live, Main Product)

## Assets

- [Aave (AAVE)](https://thegrid.id/profiles/aave): AAVE is the governance token of Aave Protocol. It is used to vote on protocol upgrades, propose changes, and stake in the Safety Module to secure the protocol in exchange for rewards and discounts on GHO stablecoin borrowing fees. Holders can participate in governance to shape the protocol's development across multiple blockchains where Aave operates. (Governance)
- [GHO Token (GHO)](https://thegrid.id/profiles/aave): GHO is a USD-pegged stablecoin native to the Aave Protocol. It is minted by users who supply collateral to Aave, allowing them to continue earning interest on their underlying assets while borrowing GHO. Unlike traditional stablecoins, all interest payments flow directly to the Aave DAO treasury rather than to asset suppliers, and the oracle price for GHO is fixed. (Stablecoin)

## Links

- [Main](https://aave.com)
- [Whitepaper](https://github.com/aave/aave-v3-core/blob/master/techpaper/Aave_V3_Technical_Paper.pdf)
- [Governance](https://governance.aave.com)
- [Documentation](https://aave.com/docs)
- [Blog](https://avara.xyz/blog)
- [Media Kit/branding](https://aave.com/brand)
- [GitHub](https://github.com/aave)
- [Twitter / X](https://x.com/aave)
- [Discord](https://discord.gg/aave)
- [Twitter / X](https://x.com/GHO)
- [Twitter / X](https://x.com/avara)

## Relationships

- [Lens](https://thegrid.id/profiles/lens): Subsidiary

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP