TLDR Crypto · INNOVATION & LAUNCHES

AAVE APP: A SMARTER WAY TO SAVE

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Summary from the TLDR Crypto newsletter

Aave is launching an app that allows users to earn up to 9% on stablecoin balances. It uses embedded wallets to create an email-based sign-up solution, mitigating the need to interact with a complex browser wallet and web interface. Aave will offer insurance on deposits up to $1 million per user. The waitlist is currently live. There is no clear launch date yet.