Details about sAAVE cryptocurrency
€1,509
516
16.226
Unknown
https://www.synthetix.io
@synthetix_io
sAAVE price charts
SAAVE exchanges
sAAVE, the crypto
sAAVE (SAAVE) is a cryptocurrency that is a derivative of AAVE, which stands for "Advanced Protocol for Lending, Borrowing and Yielding." sAAVE (SAAVE) is a governance token for AAVE protocol and it allows holders to take part in decision-making mechanisms for the protocol.
The point
The main point of sAAVE (SAAVE) is to give its holders the ability to participate in the governance of AAVE protocol. Holders can propose and vote on changes to the protocol, such as changes to fee structures or security measures.
The problem
sAAVE (SAAVE) tries to solve the problem of centralized decision-making in the AAVE protocol. By giving holders a voice in the direction of the protocol, sAAVE (SAAVE) aims to create a more democratic and decentralized protocol that is responsive to the needs of its users.
Compare SAAVE and BTC performance
Timeframe | SAAVE | BTC |
---|---|---|
1h change | 0 % | 0.00482346 % |
24h change | 0 % | -0.15505 % |
7 day change | 0 % | 3.43352 % |
14 day change | 0 % | -4.54527 % |
30 day change | 0 % | 4.15965 % |
200 day change | -53.5 % | 136.396 % |
Year change | -61.99 % | 147.186 % |