Details about Aave ENJ cryptocurrency
Aave ENJ
AENJ
Unknown for now
€0
367,013
1
Unknown
https://aave.com/atokens
@aaveaave
10175800x
€3205150
Aave ENJ price charts
AENJ exchanges
Aave ENJ, the crypto
Aave ENJ (AENJ) is a cryptocurrency created by Aave, a decentralized finance (DeFi) platform that enables users to lend and borrow various cryptocurrencies. AENJ is a special version of the Enjin token (ENJ), which is a cryptocurrency token that powers the Enjin ecosystem. AENJ was created specifically for use on Aave's platform, and it allows users to borrow and lend ENJ without actually having to hold the cryptocurrency themselves.
The point
The main point of Aave ENJ (AENJ) is to provide a unique utility for users of Aave's DeFi platform. By creating a special version of the Enjin token that is optimized for use on its platform, Aave is able to provide users with a more efficient and streamlined experience when borrowing and lending ENJ. This can help to attract more users to the Aave platform and make it more competitive in the DeFi space.
The problem
One problem that Aave ENJ (AENJ) tries to solve is the difficulty of borrowing and lending ENJ on traditional cryptocurrency exchanges. By creating a dedicated version of the token that is optimized for use on its platform, Aave is able to offer users a more efficient and user-friendly experience when they want to borrow or lend ENJ. This can help to improve the adoption of ENJ and make it more accessible to a wider audience of investors and traders.
Compare AENJ and BTC performance
| Timeframe | AENJ | BTC |
|---|---|---|
| 1h change | 3.14299 % | 0.757534 % |
| 24h change | 7.61 % | 3.78692 % |
| 7 day change | -7.01 % | -4.794 % |
| 14 day change | -21.39 % | -4.70093 % |
| 30 day change | -33.09 % | -3.61492 % |
| 200 day change | 47.76 % | 127 % |
| Year change | -14.76 % | 126.387 % |