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Aaveator138
Feb 05, 2023
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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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1Aaveator138
Feb 16 2023, 10:43The 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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Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers.
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