Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate. The protocol is designed for easy integration into your products and services.

Aave

whitepaper

Basic Concepts

Formal Definitions

Introduction

Lending Pool Core

Lending Pool Data Provider

Lending Pool

Lending Pool Configurator

Interest Rate Strategy

Governance

Protocol Architecture

Deposit

Redeem

Borrow

Repay

Swap Rate

Liquidation Call

Flash Loans

Tokenization

The LendingPool Contract

Lending Rate Oracle

Current Stable Borrow Rate Rs

Limitations on Stable Rate Positions

Stable Rate Rebalancing

The Rebalancing Process

Stable Rate Theory

Conclusion

Aave Whitepaper