Aave and Axie Infinity are working on a few delicious DeFi X NFT crossovers!
First and foremost, the Aave team is sponsoring Season 13 of Axie Community Alpha!
In addition, Axie Infinity has created a limited edition NFT themed after AAVE! It is only available for the next month, and anyone holding at least .65 AAVE qualifies!
We strongly believe that crossovers between Decentralized Finance (DeFi) and gaming create benefits for users not possible in the legacy financial and gaming systems.
In addition, gaming can be a vital on-boarding portal for users into the rest of the crypto economy. We invite our community to research to research the Aave protocol and how it fits into the DeFi ecosystem.
We’d also like to formally invite the Aave community to start playing Axie Infinity!
What is Aave?
Aave (fun fact: the name is taken from the Finnish word for “ghost”) is a decentralized, open-source, and non-custodial protocol for money market creation on Ethereum. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain loans by tapping into these pools with variable and stable interest rate options. Aave Protocol is unique in that it tokenizes deposits as aTokens, which accrue interest in real time. It also features access to Flash Loans, the first uncollateralized loan option in DeFi.
What is Axie?
Axie Infinity is a Pokémon inspired digital pet universe where players can battle and collect fierce, fantasy creatures called Axies. Players can earn a variety of tokens by playing the game, making Axie a true play to earn experience.
The Future Of Axie Infinity(AXS) – AAVE Strategic Collaboration
The most important part about these collaborations is that the Axie community gains new allies for our revolution. Aave has a banking license in the UK and stands to be a major onboarding gateway for blockchain technology. In addition, we’d love to see AXS and potentially even things like wrapped Axies/AXS accepted on the Aave platform in the future. Let’s all work hard and make it happen!
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Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
