In this dashboard, we plan to review the activities of AAVE and stkAAVE from the beginning of 2022. At first, we plan to check AAVE token transfers in terms of transfers to exchanges (DEX, CEX) as well as transfers to addresses. Next, we want to check the stkAAVE token, which is the staked AAVE token, in terms of the above. After that, in the same tab, we compare the transfer volume of AAVE and stkAAVE tokens.

In the next tab, we will discuss the deposit volume and AAVE withdrawals, and we will also check the volume in terms of tokens deposited and withdrawn in this protocol.

In the next tab, we want to check Stake and Unstakes and check them over time. We use FlipsideCrypto to find this data.

To find the volume of transfers, we use Ethereum.Core.Fact_Token_Transfers and to show us only the volume related to AAVE and stkAAVE tokens, we use the contract of these tokens.

AAVE contract:

0x7Fc66500c84A76Ad7e9c93437bFc5Ac33E2DDaE9

stkAAVE contract:

0x4da27a545c0c5B758a6BA100e3a049001de870f5 .

To find the volume related to deposits and withdrawals, we use Ethereum.Aave.Ez_Deposits and Ethereum.Aave.Ez_withdrawals for withdrawals, and we specify it based on contracts and time filter. To find Stake volume, Unstake also from Ethereum.Core.Fact_Token_Transfers We use and apply time filter.

Note : To find the stake volume and stkAAVE transfers, because its USD price is not in the data, then we use the same AAVE price, because they are not much different from each other, and stkAAVE values cannot be said to be accurate, but they are very close to reality, because the price difference is very high. They have a little.

• Aave is a decentralized lending protocol that lets users lend or borrow cryptocurrency without going to a centralized intermediary.

• Users deposit digital assets into "liquidity pools," which become funds that the protocol can lend out.

• In July 2022, Aave's community approved the launch of GHO, a decentralized, collateralized stablecoin.

Aave is a decentralized finance (DeFi) protocol that lets people lend and borrow cryptocurrencies and real-world assets (RWAs) without having to go through a centralized intermediary. When they lend, they earn interest; when they borrow, they pay interest.

Aave was originally built atop the Ethereum network, with all the tokens on the network also using the Ethereum blockchain to process transactions; they are known as ERC20 tokens. Aave has since expanded to other chains, including Avalanche, Fantom, and Harmony.

The protocol itself uses a decentralized autonomous organization, or DAO. That means it’s operated and governed by the people who hold—and vote with—AAVE tokens.

How lending works on Aave

Traditionally, to get a loan, you'd need to go to a bank or other financial institution with lots of liquid cash. The bank will ask for collateral—in the case of a car loan, that would be the car title itself—in exchange for the loan. You then pay the principal to the bank every month, plus interest.

DeFi is different. There is no bank. Instead, smart contracts (which are computer codes that automate transactions, such as selling if a token price reaches a certain threshold) do the heavy lifting. DeFi removes the middlemen from asset-trading, futures contracts, and savings accounts.

In practice, that means that you can get a loan—in cryptocurrency—from people instead of financial institutions. However, you still have to put up collateral. In a DeFi system that tries to be fiat-free, that means other cryptocurrency tokens.

Source : https://decrypt.co