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What is the issuance price and issuance volume of AAVE coins?

The AAVE token was initially issued in November 2017 at an issuance price of $0.01, with a total issuance volume of 1 billion tokens.

Jan 05, 2025 at 09:57 pm

What is the issuance price and issuance volume of AAVE coins?

Aave is a decentralized finance (DeFi) platform that allows users to lend and borrow cryptocurrencies. The platform is powered by the AAVE token, which is used to pay for transaction fees and to participate in the governance of the platform.

Issuance price and volume

The AAVE token was initially issued in November 2017 with an issuance price of $0.01. The total issuance volume was 1 billion tokens.

Token distribution

The AAVE tokens were distributed as follows:

  • 25% to the Aave team
  • 30% to investors
  • 45% to the community

Token use cases

The AAVE token can be used for the following purposes:

  • To pay for transaction fees on the Aave platform
  • To participate in the governance of the platform
  • To stake tokens to earn rewards

Token price history

The price of AAVE has fluctuated significantly since its launch. The token reached an all-time high of $666.02 in May 2021. However, the price has since fallen and is currently trading at around $130.

Market capitalization

The market capitalization of AAVE is currently around $1.3 billion. This makes it one of the largest DeFi tokens in the world.

FAQs

What is the issuance price of AAVE coins?

The issuance price of AAVE coins was $0.01.

What is the issuance volume of AAVE coins?

The issuance volume of AAVE coins was 1 billion tokens.

How were AAVE tokens distributed?

The AAVE tokens were distributed as follows:

  • 25% to the Aave team
  • 30% to investors
  • 45% to the community

What are the use cases for AAVE tokens?

The AAVE token can be used for the following purposes:

  • To pay for transaction fees on the Aave platform
  • To participate in the governance of the platform
  • To stake tokens to earn rewards

What is the current price of the AAVE token?

The current price of the AAVE token is around $130.

What is the market capitalization of AAVE?

The market capitalization of AAVE is currently around $1.3 billion.

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