Aave has deployed its V3 lending protocol on the Monad network, initially supporting 12 assets. Monad commits $15 million in first-year incentives to bootstrap liquidity and adoption.
Aave V3 Goes Live on Monad
Aave has launched its V3 lending protocol on the Monad blockchain, with 12 supported assets available at launch. The Monad network has committed $15 million in first-year incentives to attract liquidity providers and drive early ecosystem adoption.
This deployment marks another step in Aave's multi-chain expansion strategy, as Monad seeks to build its DeFi foundation through capital incentives on a high-performance L1 blockchain.
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