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Aave LINK v1 Overview
Circulating Supply
239,985 ALINK
Aave LINK v1 News
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About Aave LINK v1
Aave LINK v1 (ALINK) is an aToken on Aave, a decentralized money market protocol. ALINK represents supplied LINK tokens and earned interest. It tracks asset balances, can be transferred, and allows withdrawals. Created by Aave, led by Stani Kulechov, it was launched as ETHLend in Nov 2017 and rebranded in Sept 2018.
ALINK is used to represent the amount of LINK tokens supplied to the Aave market and the interest generated on those supplied assets. It can be used to keep track of the balance of the underlying asset in a user's account, which includes both the principal and the yield generated by the principal balance. ALINK can be transferred, which means that the balance of the underlying asset is transferred. The holder of ALINK can withdraw the deposited asset. Furthermore, liquidity rewards earned prior to the transfer of ALINK are accrued by the original holder of the ALINK, but all future liquidity rewards will be earned by the new recipient.
Aave, the platform that created ALINK, was developed by a team of coders led by Stani Kulechov. The platform was initially launched in November 2017 under the name ETHLend and was rebranded in September 2018 to its current name, Aave.
Aave LINK v1 Markets
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Aave LINK v1 Platforms
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