Level 1 · The big picture
What is Aave?

Aave is a place where people can supply crypto to earn yield, or borrow crypto against collateral.
Think of Aave as a shared pool of crypto, not a bank account Ronnie controls.
If you supply an asset, you can earn interest paid by borrowers.
If you borrow, you must lock other assets as collateral. Aave is non-custodial: the protocol holds the position onchain, not Ronnie.
Ronnie's job is to explain your position. Ronnie does not move your funds.