The AAVE community has made a decision to launch a new centralized version of Aave V3 in collaboration with Ink Foundation, opening new opportunities for the platform.
Community Support for AAVE
In a recent vote, the AAVE community supported the initiative regarding the launch of a white-labeled centralized version of Aave V3 with Ink Foundation, receiving 99.8% votes in favor.
Conditions and Commitments of Ink Foundation
Ink Foundation will receive the license to create a rebranded, centralized version using Aave's proven codebase. Aave DAO will earn a revenue share equal to or greater than a 5% Reserve Factor based on borrow volume. Ink Foundation also commits to attracting over $250 million in initial liquidity through dedicated #mining programs. The agreement prevents Ink from collaborating with competing lending protocols for at least 12 months post-launch.
Prospects for AAVE in Lending Market
This expansion positions AAVE to capture a larger share of the institutional lending market while maintaining technological leadership. Currently, Aave V3 operates across 17 different chains, including Ethereum, Arbitrum, and #Base networks.
The partnership between AAVE and Ink Foundation aims to expand lending capabilities and attract new investments to the platform, which may positively impact the market.
