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Aave community preliminarily approves "Deploying Aave V3 on Celo" proposal

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2024-05-20 07:43:24
On May 20th, the Snapshot page showed that the Aave community voted with 99.91% support for the "Deploy Aave V3 on Celo" ARFC proposal. The proposal proposes to deploy Aave on Celo to expand Aave real-world lending and green assets to global users, and provide incentives to channel liquidity.
Upon approval by the Aave community, Aave will be deployed on Celo with a selection of suitable assets as collateral, including CELO, USDC, USDT, cUSD and cEUR. The deployment will be incentivized by the Celo Foundation directly or through ecosystem partners for a period of 3 years (with an option to extend).
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