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Aave is one of the decentralized cryptocurrency that deals in decentralized lending. The system allows users to borrow lend and earn interest on their crypto investments without need of a middleman. Users do not need to trust a person or institution with their funds. Users must buy cryptocurrency in order to use the Aave platform. Users can lend or borrow up to 17 different cryptocurrencies on the platform. There is risk involved in the use of Aave. In case a loan is not returned, collateral is liquidated in which case the liquidation may not make up for the debt.