Aave could leave Polygon over plan to use bridge funds for yield farming
Aave is the largest protocol on Polygon, accounting for over a third of the chain’s total value locked (TVL) at $467 million.
Aave is the largest protocol on Polygon, accounting for over a third of the chain’s total value locked (TVL) at $467 million.
While Aave and Maker (now Sky) founders basked in a ‘DeFi renaissance moment,’ some less well-known projects were losing millions.
Aave, which contains assets worth over $11 billion, moved to reassure users that the attack placed no user funds at risk.
Linea claims to be ‘home to the most innovative web3 projects’ but its largest project, ZeroLend, is a low-effort Aave fork.
Aave’s proposed ‘Merit programme’ would use protocol revenue to reward ‘Aave-aligned’ behaviour but punish users of ‘non-aligned protocols.’