What is Aave SUSD?

Symbol: ASUSD

Short answer

Aave SUSD (ASUSD) is a cryptocurrency. It is classified as RWA.

Source: isthiscoinascam.com

Overview

Aave SUSD, also referred to as aSUSD, is an interest-bearing token minted when SUSD is deposited and burned when redeemed. It is pegged 1:1 to the value of the SUSD held as the deposited underlying within the Aave protocol.

aSUSD is designed to be freely stored, transferred, and traded. The deposited underlying can be loaned to borrowers while aSUSD accrues interest in real time, with the accrual occurring on the token held by the holder.

Headquarters: London, United Kingdom

Scam-risk analysis

Aave SUSD has a moderate score — some risk signals were raised but no critical concerns. Is Aave SUSD a scam?

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