Hassan Maishera
On Wednesday, Aave Labs announced via X that the ARFC to deploy Aave on the Aptos network is now live. If the Aave DAO approves the ARFC, deploying Aave V3 on Aptos will continue to be guided by community input, with launch assets curated by Chaos Labs and Llama Risk.
Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. AAVE is trading at $137.95 per token, up 2.5% in the last 24 hours.
Aptos is a scalable layer-1 blockchain based on the Move programming language. APT is the project's native token. APT is up 1%, trading at $4.713 per coin.
