TokenInsight news, Aave V3, the decentralized lending protocol, is now deployed on seven test networks - Ethereum Rinkeby, Fantom Test Network, Harmony Test Network, Arbitrum Rinkeby, Polygon Mumbai, Optimism Kovan, and Avalanche Fuji.
Updates to Aave V3 include: launching a feature that automatically optimizes user investments to get better borrowing rates; introducing new risk management features such as borrowing caps; adding support for multiple Ethereum Layer 2 networks; launching a "Portal" cross-chain feature that allows assets to be transferred across mainnet such as Ethereum, Solana, Fantom, etc.
Source Aave
Get the most concise crypto news, research, and insights by subscribing to our free newsletter.