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Aaveator.
Mar 07, 2023
P&R expertos

How is the interest paid in case of positive Aave APY on the balance of our borrows and loans?

If we have a positive Aave APY on the balance of our borrows and loans - how is the interest paid? Daily? And is it in the coin collateralised? Or how? I couldn't find this spelled out in the docs. Thanks so much!

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Aaveator.
Mar 9 2023, 14:08

Basically the Aave interest rates are being cummulated in each asset you have borrowed, and its auto compounding

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0xa48c...a1ca.
Mar 10 2023, 10:19

borrow is risky

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