$AAVE is one of the most prominent currencies in the field of decentralized finance (DeFi), and it is linked to the Aave protocol, which is a lending and borrowing protocol without intermediaries. Here is my opinion based on technical and functional analysis:
Strengths:
1. Strong and clear project:
Aave is one of the oldest and strongest DeFi protocols.
It allows users to deposit their currencies and earn interest, or borrow currencies against their other currencies.
2. Transparency and continuous development:
The protocol is open-source and is regularly updated.
The team is very active in developing Aave V3 and decentralized governance.
3. Real use:
Not just a speculative currency, but it has actual use in lending and governance.
4. Role of the currency (#AAVE ):
It is used for voting on governance decisions.
It can be used as collateral inside the protocol.