INCLUDE IN TVL:
Total Value Locked$13.72m.csv
|Include in TVL (optional)|
Agave rewards depositors with passive income and lets them use their deposits as collateral to borrow and lend digital assets. Forked from Aave.
Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending