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Aave announces the launch of L2 Soneium and participates in liquidity incentives to explore the mainstream application of GHO stablecoin.
On June 11, Aave announced the launch of the L2 Soneium and will participate in the liquidity incentive program, including the Astar chain. The Soneium ecosystem has gathered over 7 million users and mainstream protocols such as a certain DEX v4 and Lido.
Both parties are exploring the use of Aave's over-collateralized stablecoin GHO for payment, savings, and e-commerce scenarios. Aave founder Stani Kulechov stated that Soneium's consumer-facing positioning and Sony's global brand influence provide an excellent opportunity for Aave to attract mainstream users.