Aave is actively planning a significant expansion by incorporating Neon EVM and Solana.
This proposal outlines the initial deployment of a minimal viable product (MVP) on the Solana blockchain.
Aave is currently considering a significant expansion by introducing Aave v3 onto Neon EVM, a platform that connects Ethereum decentralized applications (dApps) with the Solana network.
The proposal is currently in the initial stage of gathering feedback from the Aave community.
The plan involves deploying a minimal viable product (MVP) on the Solana blockchain, starting with a few collaterals and using USDC as the primary asset that can be borrowed.
Aave has already conducted a test deployment on Neon EVM's testnet to assess Solana's liquidity.
This expansion has the potential to greatly strengthen Aave's presence in the decentralized finance (DeFi) sector, especially considering that Aave v3 already has over $5 billion in lending pools on Ethereum.
If the proposal receives sufficient support from the community, it will proceed to an on-chain vote, which could revolutionize the DeFi landscape by combining Solana's features with Aave's lending services.
This decision is a significant milestone for Aave, further establishing its position as a leader in decentralized lending.
Sara Ras
