PANews reported on November 17th that, according to Fortune magazine, Aave Labs announced on Monday plans to launch an app on the Apple App Store and opened a waiting list for interested users. Aave's new product is similar to a savings account but offers higher returns. Users can earn a minimum of 5% interest on their assets and can deposit funds through bank accounts or debit cards. The product uses stablecoins and the Aave protocol.
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