Aave USDC (Sonic) Price (asonusdc/CAD)
Aave USDC (Sonic)
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Aave USDC (Sonic) market data
Trading Volume
24h
Circulating Supply
25,011,690.884422
100%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
25,011,690.884422
BID
N/A
ASK
N/A
What Is Aave USDC (Sonic) (ASONUSDC)?
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
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