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Aave starts governance discussion to deploy on upcoming Polygo | Crypto Calendar News

Aave starts governance discussion to deploy on upcoming Polygon zkEVM mainnet

Aave
, a decentralized lending protocol, is considering deploying a minimum viable version (MVP) of Aave version 3 on Polygon's upcoming zkEVM Layer 2 network. The proposal from Aave's integrations lead Marc Zeller is aimed at establishing a strategic Aave presence on the new network early on.

The proposal says it also aims to lay the groundwork for possibly issuing Aave's GHO stablecoin on the zkEVM, if the governance were to consider this option in the future. Polygon's zkEVM will be a zero-knowledge or ZK-rollup that performs off-chain computations on a secondary layer for faster and cheaper transactions while prioritizing security. The aim is to further expand the Ethereum network's scaling capabilities. as well as USDC stablecoin. It also recommends including only one borrowable asset, the USDC stablecoin.

Source

https://t.me/Bitcoin_Crypto_Coin_Calendar