Details about Aave BAT cryptocurrency
Aave BAT
ABAT
Unknown for now
€0
663,243
1
Unknown
https://aave.com/atokens
@aaveaave
7609380x
€1783430
Aave BAT price charts
ABAT exchanges
Aave BAT, the crypto
Aave BAT (ABAT) is a cryptocurrency issued by Aave, a decentralized lending platform built on the Ethereum blockchain. ABAT is a tokenized version of Basic Attention Token (BAT), a cryptocurrency used in the Brave internet browser for a faster and more private browsing experience. ABAT allows users to earn interest on their BAT holdings through the Aave platform.
The point
The main point of Aave BAT (ABAT) is to enable holders of BAT to earn interest on their holdings while still being able to use their BAT to browse the internet with Brave. By depositing their BAT into the Aave platform, users can earn interest on their holdings in ABAT tokens, which can be redeemed for their underlying BAT at any time.
The problem
Aave BAT (ABAT) tries to solve the problem of idle assets. By enabling users to earn interest on their BAT holdings without having to sell or trade them, ABAT allows users to earn a passive income on their assets. Additionally, by tokenizing BAT, Aave allows users to easily trade and transfer their holdings, increasing the liquidity of the BAT ecosystem.
Compare ABAT and BTC performance
| Timeframe | ABAT | BTC |
|---|---|---|
| 1h change | 0.0408936 % | -0.549765 % |
| 24h change | 2.85 % | -1.83904 % |
| 7 day change | -11.26 % | -5.42791 % |
| 14 day change | -13.58 % | -5.02398 % |
| 30 day change | -15.31 % | -3.47658 % |
| 200 day change | 39.05 % | 126.537 % |
| Year change | -1.04 % | 126.622 % |