Avalanche Community Builders Released the Governance Proposal of Aave V3

TokenInsight news, Avalanche community builders released the governance discussion proposal of Aave V3. Community builders suggested deploying Aave V3 on the Avalanche C-Chain and gave their reasons: previously, the Aave Protocol was successfully deployed on the Avalanche C-Chain, and the Avalanche Foundation allocated $AVAX rewards to Aave users. This measure has promoted the rapid growth of Aave and Avalanche, and the Avalanche market has rapidly become the largest market of Aave after Ethereum. The user also mentioned the recent development of Avalanche C-Chain, so he made a deployment strategy focusing on the secure migration from Aave V2 to V3. Aave is an unmanaged liquidity lending agreement based on Ethereum, in which users participate as depositors or borrowers. Depositors provide liquidity to the market to earn passive income, while borrowers can borrow through excess collateral (the vast majority).
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