The third version of the Aave protocol has been launched on the Metis Network
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On May 8, the third version of the Aave decentralized landing service was launched in the Metis Network L2 network. This was reported on Twitter MetisDAO. After the deployment of Aave V3, Metis users have access to: loans with reduced collateral requirements; limitation of offer and loan amounts for risk management; isolation mode to increase the pool of assets in collateral; optimization of transaction fees; cross-chain portals for interacting with a wide range of DeFi solutions; modular risk control; solutions for rapid integration with Aave. “The launch of the flagship Aave V3 application on Metis Network is an important milestone
Key Highlights Aave DAO plans to freeze low-earning V3 chains, focusing on profitable networks and smarter multichain growth. Future V3 deployments must generate at least $2M annually, ensuring Aave benefits from successful launches. Founder Stani Kulechov’s London mansion and new platform projects show continued confidence in DeFi’s long-term growth. Aave…
The Aave community has tabled a new tentative proposal that envisions a comprehensive overhaul of its approach to multi-chain growth. The proposal proposes revenue-boosting adjustments to underperforming networks, a complete shutdown of Aave V3 on some chains, and a minimum annual revenue floor requirement of $2 million for all future…