Aave deploys the Ethereum L2 chain Soneium to explore the application of GHO in payment and e-commerce scenarios.

Golden Finance reported that Aave, a decentralized finance platform, announced the launch of Soneium, an Ethereum L2 blockchain backed by a company, and will participate in liquidity incentive programs including Astar Chain. The Soneium ecosystem has gathered more than 7 million users and mainstream protocols such as DEX v4 and Lido. The two parties are exploring the use of Aave’s overcollateralized stablecoin GHO for payment, savings and e-commerce scenarios. According to Stani Kulechov, founder of Aave, Soneium’s consumer-facing positioning and a company’s global brand presence provide a great opportunity for Aave to attract mainstream users.

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