Aave Matic Market WBTC (AMWBTC) Metrics

Basic info
Website
Asset type
Contract Address
Explorers
Market Cap
no data
All Time High
$129 089 26 Jun 25 % to ATH (24.29%)
Volume (24h)
$0.00000000
Circulating Supply
no data

Aave Matic Market WBTC Price Chart Live

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About Aave Matic Market WBTC

Aave Matic Market WBTC, represented by the AMWBTC token, signifies Wrapped Bitcoin (WBTC) supplied within the Aave protocol on the Polygon (Matic) network. AMWBTC is an interest-bearing token received by users when they deposit WBTC into the Aave lending pool on Polygon. It represents a users deposit of WBTC plus any accrued interest. Aave is a decentralized lending and borrowing protocol that allows users to earn interest on deposits and borrow assets in a permissionless manner. Polygon (formerly Matic Network) is a Layer 2 scaling solution for Ethereum, providing faster and cheaper transactions. By integrating Aave with Polygon, users can access Aaves lending and borrowing services with significantly lower gas fees and faster transaction speeds compared to the Ethereum mainnet. AMWBTC holders earn interest in real-time, directly in their wallets. The interest rate is determined by the supply and demand of WBTC within the Aave Matic Market. AMWBTC can be redeemed for the underlying WBTC at any time, subject to availability within the lending pool. This token allows users to efficiently utilize their WBTC within the growing DeFi ecosystem on Polygon. It offers a convenient way to earn interest on WBTC while benefiting from the scalability and cost-effectiveness of the Polygon network. The value of AMWBTC is directly tied to the value of the underlying WBTC, plus any accrued interest. Users should be aware of the risks associated with using DeFi protocols, including smart contract risk and market volatility. Aave aims to provide a secure and transparent platform for decentralized lending and borrowing. The AMWBTC token offers a seamless and efficient way to participate in the Aave ecosystem on Polygon with Wrapped Bitcoin.

Aave Matic Market WBTC [AMWBTC] is a token based on Polygon blockchain. The most actual price for one Aave Matic Market WBTC [AMWBTC] is $0. Aave Matic Market WBTC is listed on 0 exchanges with a sum of 0 active markets. The 24h volume of [AMWBTC] is $0, while the Aave Matic Market WBTC market cap is $0 which ranks it as 'no rank' of all cryptocurrencies. You can find more information about Aave Matic Market WBTC [AMWBTC] on aave.com

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Aave Matic Market WBTC Basics

Website
Asset typeToken
Contract Address
Explorers (1)
Tags
  • Polygon (MATIC) Token (1415)

Frequently Asked Questions

Frequently Asked Questions

Get more info about Aave Matic Market WBTC Cryptocurrency
  • How to buy Aave Matic Market WBTC? How can I buy the Aave Matic Market WBTC coin? Aave Matic Market WBTC stock how to buy? How to get Aave Matic Market WBTC?

    To find out where you can buy currency Aave Matic Market WBTC see the list of available exchanges.

  • Where to trade Aave Matic Market WBTC?

    Click here to see the list of available exchanges for Aave Matic Market WBTC.

  • Aave Matic Market WBTC, represented by the AMWBTC token, signifies Wrapped Bitcoin (WBTC) supplied within the Aave protocol on the Polygon (Matic) network. AMWBTC is an interest-bearing token received by users when they deposit WBTC into the Aave lending pool on Polygon. It represents a users deposit of WBTC plus any accrued interest. Aave is a decentralized lending and borrowing protocol that allows users to earn interest on deposits and borrow assets in a permissionless manner. Polygon (formerly Matic Network) is a Layer 2 scaling solution for Ethereum, providing faster and cheaper transactions. By integrating Aave with Polygon, users can access Aaves lending and borrowing services with significantly lower gas fees and faster transaction speeds compared to the Ethereum mainnet. AMWBTC holders earn interest in real-time, directly in their wallets. The interest rate is determined by the supply and demand of WBTC within the Aave Matic Market. AMWBTC can be redeemed for the underlying WBTC at any time, subject to availability within the lending pool. This token allows users to efficiently utilize their WBTC within the growing DeFi ecosystem on Polygon. It offers a convenient way to earn interest on WBTC while benefiting from the scalability and cost-effectiveness of the Polygon network. The value of AMWBTC is directly tied to the value of the underlying WBTC, plus any accrued interest. Users should be aware of the risks associated with using DeFi protocols, including smart contract risk and market volatility. Aave aims to provide a secure and transparent platform for decentralized lending and borrowing. The AMWBTC token offers a seamless and efficient way to participate in the Aave ecosystem on Polygon with Wrapped Bitcoin.

  • Aave Matic Market WBTC is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.

  • What is the value of Aave Matic Market WBTC coin?

    1 Aave Matic Market WBTC is worth $0.00000000.

  • To get price and historical data for Aave Matic Market WBTC coin, use API ID: amwbtc-aave-matic-market-wbtc for endpoints at http://api.coinpaprika.com.

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