Aave Exploring Polygon’s Layer 2 System to Provide Scalability and Cheaper Transactions

Aave, the third-largest non-custodial lending protocol, is taking a multi-market approach and exploring scalability solutions in a project called “New Frontiers.”
Aave is now exploring Polygon (formerly known as Matic), an Ethereum layer 2 protocol that enhances scalability using an adapted version of the Plasma framework. The Polygon sidechain system will be the first to integrate Aave as part of this plan to bring scalability and low-cost transactions.
DeFi Should Be for Everyone, Not Just Wealthy Investors
While Ethereum is the pioneer of decentralized finance, high fees and scalability have been long-time issues for the network. The team behind Aave stated that DeFi should not be limited to high net worth investors, which also discourages new users.
“If DeFi is great but only limited to certain high networth users, DeFi will fall short of its mission to be finance for everyone.” —reads the post.
As per the blog post, the protocol is building a DeFi service on Polygon, usi

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Źródło: https://cryptopotato.com/aave-exploring-polygons-layer-2-system-to-provide-scalability-and-cheaper-transactions/

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