TLDR Crypto · MISCELLANEOUS

USING TORI FOR HIGH APYS

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Summary from the TLDR Crypto newsletter

Aave's high APY of over 17% for lending USDC is driven by strong demand to borrow USDC. Using Aave requires depositing collateral (like ETH), borrowing against it, and paying interest, which is distributed to lenders. Aave is managed by blockchain smart contracts for transparency and reduced risk.