DeFi protocol Sentora has submitted an ARFC proposal to operate an independently curated lending market on Aave V4, according to BlockBeats. The initial deployment is planned for Ethereum and would support lending and borrowing for stablecoins including RLUSD, PYUSD, and OUSD. Under the proposal, Aave DAO would receive 50% of the instance revenue. The proposal also states that the Aave DAO governance short executor would retain structural ownership of the instance and hold the management roles for all hub-and-spoke contracts, the configurator, and the native AccessManager. The filing outlines both the revenue-sharing arrangement and the governance structure tied to the proposed market.
DeFi protocol Sentora has submitted an ARFC proposal to operate an independently curated lending market on Aave V4, according to BlockBeats on Sept. 30.
The proposal says the initial deployment would go live on Ethereum and support lending and borrowing for stablecoins including RLUSD, PYUSD, and OUSD. Aave DAO would receive 50% of the instance revenue.
It also states that the Aave DAO governance short executor would retain structural ownership of the instance and hold the management roles for all hub-and-spoke contracts, the configurator, and the native AccessManager.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.