The AAVE board now weighs an ARFC proposal to bring V3 to Sonic, supported by a liquidity involvement of $ 63 million.
Aave (Aave) can go to Sonic, an EVM-compatible blockchain network from the makers of Fantom, as a proposal from a new board supports. Submitted by the Aave Chan initiative on January 31, the Aave request for comment #8D417 points to Sonic’s high transaction speed and model for sharing reimbursements as important incentives for implementation.
If approved on February 4, the relocation would be supplied with a liquidity withdrawal of $ 63 million, including a $ 15 million financing promise of the Sonic Foundation, $ 20 million in Circle’s USD Coin (USDC) and a maximum of 50 million $ Stokens (tokens ( About $ 27.15 million). Aave would also contribute $ 800,000 to Stablecoins.
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“Aave has focused on several promising new L1 and L2 EVM networks and is often one of the largest protocols on these networks. Given the impressive history of the team that builds Sonic, and the innovations it promises, it is a strong candidate for the use of Aave V3. “
ACI
The administrative process is in the next phase, with an ARFC mood that is currently open. In December, the Aave community approved the first temperature control to expand to Sonic. If this new proposal passes, this will lead to a more detailed risk assessment before a definitive vote.
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