What are aTokens?

aTokens are essentially tokenized deposit receipts of Aave [Version 1].
You can get aTokens by depositing your crypto assets in Aave’s lending market.
Similarly, you can withdraw your original crypto assets and earn some interests by using your aTokens.

The Process

Step 1: Connect Wallet

1. Enter Aave’s app

Website: https://app.aave.com/
Choose [Version 1]

2. Connect wallet

Choose to use “Browser Wallet”, take “MetaMask” as an example

3. In MetaMask

Select an account and click “Next”, and then click “Connect”

4. Select Aave market

Step 2: Get aTokens

1. Click “Deposit” in the left menu bar.

Select an assest, click “Deposit”, take USDC as an example

2. Enter the amount of USDC you want to supply, click “Continue”

3. Click “Submit” and confirm in MetaMask to complete “Approve”

Note:
Sometimes, due to the ETH network congestion, your transacaton may fail. That will cost you a lot of gas fee and time. So, it is highly recommended to select a higher gas fee to accelerate the processing of your transaction.

4. Click “Submit” and confirm in MetaMask to complete “Deposit”

5. All done

Your supply balance will be shown on this page. You will get aUSDC as a deposit receipt.