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Aaveator.
Feb 05, 2023
Expert Q&A

Where does the stkAAVE come from?

I would like to calculate how a lending position in e.g. the USDC pool has evolved over time wrt to the yield earned.
Unfortunately, I am confused about the stkAAVE. The base lending rate is paid in the underlying, right?
But where does the stkAAVE come from?

  • Aave Protocol
  • Aave Pool
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Aaveator.
Feb 16 2023, 10:43

The StkAave comes from a separate rewards contract called the IncentivesController . You can calculate your balance of claimable rewards by querying the UiIncentiveDataProvider view contract.

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