Aptos Foundation Moves Forward with Aave V3 Deployment Proposal

The Aptos Foundation has put forward a proposal to launch Aave V3 on its mainnet. Aptos is contacting the Aave governance community to gather feedback on this initiative.

The Aptos Foundation has proposed launching Aave V3 on its mainnet and is seeking feedback from the Aave governance community.

After preliminary discussions within the Aave governance community, the Aptos Foundation is advancing its proposal to integrate Aave V3 on the Aptos mainnet. The proposal is set to proceed to a “snapshot” vote, marking a pivotal step towards potential implementation.

If approved, it will evolve into an Aave Request for Comments (ARC) proposal, facilitating detailed deliberations on asset parameters and implementation specifics. Subsequently, the proposal aims to transition into an official Aave Improvement Proposal (AIP) after rigorous testing and auditing processes, supported by ongoing audits sponsored by the Aptos Foundation.

Aave Labs has already completed integration code deployment on the Aptos testnet, laying the groundwork for potential mainnet integration. Once finalized, the deployment of Aave V3 holds the promise of significant platform enhancements, although specific changes and their potential impact are yet to be fully detailed.

Throughout this process, the Aptos Foundation remains dedicated to transparency, pledging continuous updates to the community as the proposal advances toward fruition.

Aptos Active Users Increased by 59%

Aptos, a prominent blockchain platform, has witnessed substantial growth in active users, marking a significant milestone in its adoption. According to Token Terminal, Aptos recorded a remarkable 59.3% increase in active users, reaching 3.55 million.

To strengthen Japan’s web3 ecosystem, the Aptos Foundation has joined forces with Alibaba Cloud. Together, they aim to promote a smart contracts programming language, fostering innovation and development within the blockchain space.

Additionally, Aptos Labs has announced a strategic collaboration with Google Cloud to introduce Aptos GameStack. This platform is designed to revolutionize live service games by integrating cutting-edge web3 technologies.

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