Aave to proceed with $63m expansion to Sonic following positive temp check vote
Aave’s governance is now weighing an ARFC proposal to bring V3 to Sonic, backed by a $63 million liquidity commitment. Aave (AAVE) could be heading to Sonic, an EVM-compatible blockchain network from the creators of Fantom, if a fresh governance proposal gains support. Submitted by the Aave Chan Initiative on Jan. 31, the Aave Request […]
Sonic passes Aave temp check for v3 integration
Sonic, formerly Fantom, has passed the first stage of launching Aave’s third-generation lending protocol on its blockchain. An on-chain temperature check to advance Aave v3 deployment on the newly launched Sonic layer-1 network reached a quorum on Dec. 27, per a snapshot vote. The check sought to assess community support for integrating Aave, the largest […]
