Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote

2 years ago

A connection to deploy the 3rd mentation of lending protocol Aave has precocious passed a “temperate check” with an overwhelming favorable majority.

Aave’s connection    to motorboat  connected  zkEVM passes ‘temperature check’ vote

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A "temperature check" connection to deploy the decentralized speech (DEX) Aave connected the zkSync Era Mainnet has passed with overwhelming enactment from the Aave community. 

When voting closed connected April 16 much than 99% of Aave (AAVE) token holders voted successful favour of launching the 3rd mentation of the lending and borrowing protocol connected the zero-knowledge Ethereum Virtual Machine (zkEVM).

According to the connection archetypal pitched connected March 26, the motorboat volition beryllium constricted to USD Coin (USDC) and Ether (ETH).

A [Temp Check] is presently moving to deploy Aave V3 connected the @zksync Era Mainnet, expanding Aave’s beingness and tapping into the increasing zkEVM ecosystem.https://t.co/ps1RMl7Sva

— Aave (@AaveAave) April 14, 2023

Now that the somesthesia cheque has indicated a "positive sentiment," the adjacent steps listed successful the connection volition beryllium to proceed to different signifier for further discussion, followed by hazard parameter valuation and finalization of the proposal.

If the adjacent stages are palmy the connection volition beryllium submitted for voting and on-chain governance approval.

Only astir 0.02% voted against the connection with a further 0.02% abstaining from voting.

According to the proposal, deploying connected zkSync tin payment the Aave ecosystem by introducing caller users into decentralized concern (DeFi) and cementing Aave arsenic a premier borrowing level wrong the zero-knowledge ecosystem.

Related: Stablecoin adoption could pb to DeFi growth, says Aave founder

The Aave assemblage antecedently voted to deploy the Aave V3 codebase connected zkSync's v2 Testnet, which was approved successful different off-chain vote.

Decentralized speech Uniswap is also acceptable to launch connected the zkEVM solution from scaling solution supplier Polygon aft a governance connection was successfully passed.

In November 2022, Aave changed its governance procedures aft it was deed by a $60 cardinal abbreviated onslaught that yet failed.

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