AAVE Launches V3 on Linea to Enhance DeFi Performance

Community Approval for AAVE V3: The AAVE community voted 636,000 AAVE tokens in favor of deploying AAVE V3 on Linea, a zk-rollup network, to boost its presence in decentralized finance following ZeroLend’s controversies.

Advantages of Linea’s Integration: AAVE’s launch on Linea aims to enhance transaction speed and reduce costs, leveraging Linea’s connection with MetaMask, which has around 30 million active users, to potentially broaden its user base.

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