The venture remains to be in search of neighborhood remark, and the temperature verify vote has not but been launched.
The Aave neighborhood already elected to unfold the V3 codebase throughout different notable L2s reminiscent of Arbiturm, Metis, and Optimism. In accordance with the proposal, permitting Base on Aave generates profitable revenue prospects for the protocol by harnessing the expansion and curiosity of Coinbase customers.
Base permits Aave to quickly use Coinbase’s merchandise and distribution: frictionless Coinbase integrations, fiat onramps, and entry to the Coinbase ecosystem’s over 110 million prospects and $80 billion property.
If the Temperature Test Snapshot reveals a superb sentiment, the ARFC stage will probably be initiated for extra debate, threat parameter evaluation, community evaluation, and proposal finalization.
Earlier, the neighborhood performed ARFC voting on the 2 proposals of including 1INCH and ENS to the V3 market on Ethereum and a temperature verify vote on the proposal of including ARB to the V3 market on Arbitrum.
Aave is a well-liked crypto lending protocol that provides flash loans, permitting customers to borrow crypto and pay it again in the identical block with out collateral. The protocol was initially carried out on Ethereum and later expanded to different networks.
Beforehand, a bug in model V2 of the Aave lending protocol hindered customers from interacting with the Wrapped Ether (WETH), Tether (USDT), Wrapped Bitcoin (WBTC), or Wrapped Matic (WMATIC) asset pool. ) on Aave V2 Polygon.
Particularly, this error will make customers unable to offer liquidity, borrow, repay, or withdraw cash. Nevertheless, this solely impacts the V2 occasion on Polygon and never V3 or different blockchain implementations like Ethereum. The Aave DAO is at the moment voting on a brand new proposal to repair this bug.
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