Aave, the largest web3 lending protocol, is throwing its weight behind the freshly launched Lido Alliance. The project’s community passed a proposal to launch a modified version of Aave v3 designed to facilitate efficient #stETH recursive lending. The news coincided with several other proposals passing, including launching the protocol on ZkSync Era and deploying the GHO stablecoin on Arbitrum.
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Aave, the largest web3 lending protocol, is throwing its weight behind the freshly launched Lido Alliance. The project’s community passed a proposal to launch a modified version of Aave v3 designed to facilitate efficient #stETH recursive lending. The news coincided with several other proposals passing, including launching the protocol on ZkSync Era and deploying the GHO stablecoin on Arbitrum.