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How to Supply Assets to the Aave Protocol Programmatically
Earn interest using the Aave protocol: a JavaScript tutorial
Editor’s note: This article is provided for entertainment and educational purposes only and is not intended as financial advice. Any investment actions taken related to or referencing this article are solely your own and by continuing to read this, you implicitly agree to such terms.
Prerequisite: This walkthrough assumes a basic understanding of JavaScript, Web3, and Ethereum smart contracts. By the end, you will be able to write a DApp that enables users to deposit assets to the Aave protocol, earning interest in the process, and subsequently redeem them at any point.
At the time of writing, the amount of value locked up in DeFi protocols is over $2 billion. That’s twice as much as the amount locked up when I wrote about how to supply assets to Compound Finance, less than one month prior.
The fifth biggest DeFi platform is known as Aave. They recently made headlines by being the first DeFi platform to offer Flash Loans, loan that must be paid back in the same transactions they were taken.
Here we’re going to walk through how to supply assets to the Aave protocol so users can deposit and earn interest on their crypto holdings.
