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Aave Community Voting to Deploy Its V3 on Ethereum

CoinDesk LogoCoinDesk2 mo ago

Aave Community Voting to Deploy Its V3 on Ethereum - CoinDesk

Quick Summary:

If the proposal passes, the latest iteration of the Aave protocol will come to the Ethereum blockchain, Aave’s first and largest market.

For now, Aave’s v3 Ethereum market will only include the following pre-approved assets: WBTC, wETH, wstETH, USDC, DAI, LINK and AAVE.

Isolation mode, another key feature in Aave v3 that permits borrowing of a newly listed, risky asset up to a particular debt ceiling, will not be enabled for all assets when Aave v3 launches on Ethereum.


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Article Details

Author / Journalist: Sage D. Young

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-24 @ 21:49:43 (2 months ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 909 words

Reading Time: 6 minutes read

Sentences: 41 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 4743719

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About CoinDesk

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 27 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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  • URL: https://beamstart.com/news/aave-community-voting-to-deploy-16745974592991

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