Aave Unlocks Earnings Growth for Whop’s Global User Base - Crypto Economy

Aave integrated into Whop Treasury, the new yield feature of the embedded financial system in Whop, an online business platform with more than 21 million users and $3 billion in annual payments across 144 countries.

The integration, announced by Aave Labs, allows the balances accumulated by creators, communities, and software sellers on the platform to generate yield automatically, without users having to interact with any DeFi protocol directly.

The mechanism works through Veda, which converts user balances into USDT0 stablecoins and routes them to a vault on the Plasma network, which allocates those funds to Aave’s lending markets Autocompounding operates continuously and withdrawals are available instantly, with no gas costs or position management required from the user.

Until now, Aave’s lending markets had primarily served users who arrive at the DeFi market deliberately, through wallets and specialized interfaces. This integration opens the door to a base of non-crypto-native users, who will simply choose to activate a savings feature within a tool they already use to manage their businesses.

Source: https://aave.com/blog/whop-aave-treasury

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