Aave Launches New DeFi Savings App for Apple Users, Offering Up to 10% APY

Aave Labs has launched its ‘Aave: Save and Earn’ app on the Apple App Store, providing users with up to 10% Annual Percentage Yield (APY) using stablecoins. This launch marks Aave’s foray into consumer-focused DeFi, promising higher returns and a user-friendly experience. The app leverages Aave’s acquisition of Stable Finance for enhanced functionality and makes accessing DeFi more accessible for non-crypto users.