The Neon Foundation suggests the provision of Aave V3 on Neon EVM
The Neon Foundation suggests the provision of Aave V3 on Neon EVM

- A new proposal from the Neon Foundation and the Aave Chan Initiative describes the provision of AAVE V3 on Neon Evm.
- The proposal is in the initial phase of the joint test and will go into a governance vote in the event of a positive mood.
The Neon Foundation asks the Aave community to provide feedback on its proposal to provide AAVE V3 in the Neon EVM-Mainnet. The proposal, which is also supported by the Aave Chan Initiative (ACI), describes the advantages of integrating AAVE's loan services into the EVM-compatible Smart Contract platform.
neon EVM is based on Solana and enables the scaling of Ethereum Dapps on Solana.
"Temp-Check" for the Aave V3 expansion on Neon EVM
According to Neon, the proposal is a "temperature". If a snapshot rating shows a supportive mood on the part of the AAVE community, the next step will continue as an Aave improvement proposal (AIP).
From here a governance vote and a possible introduction will lead to AAVE V3 as a minimally viable product (MVP) is extended to the Solana-based platform.
" This proposal suggests the provision of AAVE V3 in the Neon EVM MINNET with a limited use of initial resources and conservative risk parameters. This approach will enable AAVE to set up a presence in the Solana ecosystem and at the same time minimize the risk of co-authors wrote .
The expansion of AAVE to Neon EVM will enable access to an "unademplified" user group, increase network climber and open up the community and the ecosystem of Solana.
The Neon Foundation also points out that integration could enable further growth of the platform, among other things by taking on a share in the Solana Defi-Ecosystem. This not only has the potential to increase the network and user base of the network, but also to increase its total value (TVL) and its protocol revenue.
neon highlights three collateral in Sol, MSOL and Jitosol. USDC is intended as a loan asset.
Source: Coinlist.me
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