Earn Yield Through The Most Trusted Lending Protocol in DeFi
On the Velvet Capital Arbitrum App, users can allocate into Aave assets where they earn yield by supplying to various pools.
At Velvet Capital, we are building an intent-based OS for DeFi, allowing users to launch and manage tokenized portfolios and structured products. To create the best on-chain portfolio management product, we are partnering with and integrating the top DeFi protocols, including Aave, the largest lending protocol.
What is Aave?
Aave is a decentralized non-custodial liquidity protocol, released in early 2020, where users can deposit and lend their digital assets or borrow against them. When you lend on Aave, you earn yield (passive income), and borrowers can take out loans that are either overcollateralized (where the collateral is worth more than the loan) or undercollateralized (where the collateral is worth less than the loan).
To help the protocol stay solvent during uncertain times, Aave has a $270M backstop in their treasury to help avoid insolvency of loans.
Since its release in 2020, Aave has grown to become the third-largest DeFi protocol by TVL, with $12.8 billion, making it one of the most trusted protocols in DeFi.
Aave Yields on Velvet Capital
As a user of Velvet Capital, you can allocate to six different lending assets on Aave that earn yield.
Current APYs:
DAI: 10.46%
USDC: 5.52%
USDT: 9.38%
BTC: 0.0275%
WETH: 1.82%
LINK: 0.0021%
Join DeFi Summer 2.0
Add Aave assets into a Velvet Capital Vault and earn more yield and points during DeFi Summer 2.0, where all users on BNB Chain and Arbitrum will earn 3x the TVL-based points until June 30th!