Meet these four new coins – now live on eToro

DISCOVER OUR HISTORY Cryptocurrencies NEWS AND UPDATES We have launched four cryptocurrencies – Aave, Compound, Yearn and Decentraland – that you can buy and sell on the EToro market. Of course, every crypto project tells a story. That's why we are here to provide you with relevant details before embarking on your new investment journeys. Aave (AAVE) Like Uniswap (recently added to eToro), Aave is a decentralized exchange (DEX) based on self-executing (i.e. non-custodial) smart contracts for trading. The Aave platform allows users to deposit or borrow various assets that have the potential to generate passive income in the form of interest. AAVE is the protocol's governance token. Compound (COMP) Similar to Aave, Compound is a decentralized loan platform. Being two of the best DeFi projects built on the Ethereum blockchain, the platforms extend the financial uses of cryptocurrency not only to payments but also to loans, savings accounts and more. As Aave supports more assets and offers a wider range of services, Compound recently announced the Gateway Chain that provides cross-chain collateral beyond the Ethereum network. Yearn (YFI) Yearn, launched in 2020, is another player in the emerging DeFi space, but with a more diverse approach. Essentially, Yearn.Finance acts as a gateway to a variety of compelling crypto products created by yourself and other developers. The governance token YFI is currently in tight supply and making it particularly resistant to inflation among crypto assets. A simulation inspired by Decentralized (MANA) Cryptography? It may sound extreme, but Decentraland is one of the most fascinating projects in an already fascinating field. Basically, the Ethereum-based platform is its own virtual world where users can buy and sell digital real estate as well as other virtual goods and services in Decentraland. The local token of the platform, MANA, is used to facilitate transactions.

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