Aave stated that after Aave V3 went live on Monad yesterday, the deposit volume exceeded $75.0 million within 24 hours. The initial deployment supports 12 assets, including USDT0, USDC, GHO, USDe, WETH, cbBTC, wstETH, and others. Previous governance documents showed that Monad Foundation will provide a $15.0 million incentive for the first year of this deployment and will purchase and hold 10.0 million GHO for more than six months.

AAVE1.38%
MON2.99%
GHO-0.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned