Aave stated that after Aave V3 went live on Monad yesterday, deposits exceeded $75.0 million within 24 hours. The initial deployment supports 12 assets, including USDT0, USDC, GHO, USDe, WETH, cbBTC, and wstETH. A prior governance document showed that the Monad Foundation will provide $15.0 million in incentives for the first year for this deployment, and will purchase and hold 10 million GHO for more than six months.

AAVE0.20%
MON2.25%
GHO-0.04%
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NotYourExit
· 5m ago
cbBTC can also be deposited, BTCFi players are ecstatic.
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0xLateDiner
· 5h ago
GHO locked for six months, adding fuel to the stablecoin narrative.
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ZeroSlippage
· 5h ago
First day 75 million, how much by year-end? Bet on 1 billion.
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RiskParityKid
· 5h ago
Aave's multi-chain strategy execution is really impressive. Which chain will be deployed next?
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BugBountyBuddy
· 5h ago
Startingwith12assets,whatelsewillbeaddedlater?
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