Aave, the decentralised crypto lending protocol, has launched the V3 version of its platform on the Metis blockchain, accelerating the project’s expansion into the DeFi world.
The news followed the approval of the governance proposal, in which AAVE token holders were asked to decide whether V3 should be integrated into the Metis infrastructure.
Let’s take a look at what this means for the future of the DeFi world.
Aave crypto lending project launches V3 protocol on METIS
Aave, an open source decentralised credit/debt crypto project, has announced the launch of the V3 version of its protocol on Metis, a layer 2 blockchain.
The decision follows the approval of the governance proposal in Aave’s Community Decision section.
Over 650,000 AAVE tokens were delegated by voters to express their agreement with the integration of the Metis network into the decentralised lending platform, while no one voted against the proposal.
The result ensures that Metis’ layer 2 solution on top of Aav
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