Aave Horizon RWA USDC (Ethereum)aHorRwaUSDC
aHorRwaUSDC, brought to you by Aave Labs, is an interest-bearing lending token (an aToken) that represents supplied liquidity in the Aave Protocol and is denominated in Horizon RWA USDC (Ethereum). aHorRwaUSDC tracks a holder's deposit of Horizon RWA USDC (Ethereum) (USDC) and is pegged 1:1 to that supplied asset. The token rebases continuously: the wallet balance increases automatically to reflect accrued interest, so balanceOf returns principal plus accumulated yield with no claim transaction. Supply rates are market-driven, and no minting or redemption fee applies to the aToken. Aave Labs provides the services, governed by Cayman Islands law with arbitration designated there, and disclaims control of the Protocol, which runs as open-source smart contracts under the Aave DAO of AAVE, stkAAVE and aAAVE tokenholders. No regulator, license, or securities registration is claimed. Holders represent creditors to the Protocol with a claim redeemable 1:1 for the underlying. Access is permissionless and self-custodial, excluding sanctioned territories and OFAC-listed persons through technically available methods, with no KYC or AML gate. Redemption occurs at any time by burning the token for the underlying plus accrued yield. Funds are non-custodial, and no central entity can freeze positions. The token is an ERC-20 interest-bearing instrument. It is issued on the Ethereum, Arbitrum, Base, Avalanche, Gnosis, Linea, Polygon, Scroll, OP Mainnet, Bsc, Sonic, Zksyncera, Plasma and Ethereum Layer 2 networks. aTokens mint on supply and burn on withdrawal, settling atomically onchain 1:1 with the underlying held in the Protocol's contracts, with valuation from onchain oracle feeds.