Aave V3 has launched on the ZKSync Era mainnet, unlocking liquidity and yield generation for users of the zero-knowledge-powered blockchain ecosystem.
Gateway to DeFi
With the deployment, new institutional use cases that will be available to users include private networks and custom platforms tailored for given asset classes and user risk profiles. The integration also brings GHO, a decentralized overcollateralized stablecoin native to Aave.
Chainlink Price Feeds Integrated
Aave V3’s deployment on Era also includes the integration of Chainlink to offer access to reliable price feeds. Aave DAO delegate and service provider Aave Chan Initiative will coordinate and redistribute any airdrops from ZKsync through liquidity mining and other incentives.
Initial Launch Assets
The Aave DAO has reportedly approved four assets for initial accessibility on Era: the stablecoins USDT and USDC, Wrapped Ethereum (WETH), and Wrapped stETH (wstETH).
The launch of Aave V3 on the ZKSync Era provides users with expanded access to decentralized finance, new assets, and institutional use cases, driving further growth and innovation in the blockchain ecosystem.
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