{"id":20693,"date":"2023-05-08T19:35:07","date_gmt":"2023-05-08T19:35:07","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/aave-v3-now-live-on-metis\/"},"modified":"2023-05-08T19:35:07","modified_gmt":"2023-05-08T19:35:07","slug":"aave-v3-now-live-on-metis","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/aave-v3-now-live-on-metis\/","title":{"rendered":"Aave V3 now live on Metis"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1683568048423-d45b1594-4ea9-46ec-afbd-c30bbac84c36-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1683568048423-d45b1594-4ea9-46ec-afbd-c30bbac84c36-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1683568048423-d45b1594-4ea9-46ec-afbd-c30bbac84c36-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/1683568048423-d45b1594-4ea9-46ec-afbd-c30bbac84c36-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Aave V3\u2019s launch on Metis follows a community vote that went live earlier this month.<\/li>\n<li dir=\"ltr\">According to the Metis team, there are various ways in which the Aave V3 integration will benefit ecosystem users.<\/li>\n<li dir=\"ltr\">The DeFi protocol\u2019s V3 is also live on Avalanche, Polygon, Optimism and Arbitrum.<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/aave\/\">Aave<\/a>, a decentralized liquidity protocol, has deployed on the <a href=\"https:\/\/coinjournal.net\/news\/tag\/ethereum\/\">Ethereum<\/a> layer-2 scaling platform Metis, offering a range of decentralized finance (DeFi) features and products to its ecosystem.<\/p>\n<p dir=\"ltr\">The launch on the Metis Layer-2 comes after a community proposal for the zero-knowledge (zk) proof EVM, which enables Aave governance to activate the Aave V3 Metis pool by completing the initial setup and listing WETH, USDC, USDT, DAI, and METIS.<\/p>\n<p dir=\"ltr\">\u201c<em>The integration of Aave Protocol V3 brings enhanced capital efficiency with valuable new security and risk mitigation features<\/em>,\u201d Metis co-founder Kevin Liu <a href=\"https:\/\/metisdao.medium.com\/aave-v3-now-available-on-metis-6e403e74b104\" rel=\"noopener noreferrer\" target=\"_blank\">said<\/a>.<\/p>\n<h2 dir=\"ltr\">Capital efficiency for users<\/h2>\n<p dir=\"ltr\">V3 integration offers numerous benefits to ecosystem users, with network speed and security enhanced. Users will also take advantage of features such as lending and borrowing of assets with less collateral.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This deployment will enable efficient capital markets in Metis, a key component for building and sustaining a Web3 Economy.<\/p>\n<p>Users and builders will be able to enjoy DeFi composability, fostering a more diverse, complete and collaborative ecosystem\ud83d\udc9a<\/p>\n<p>\u2014 Metis \ud83c\udf3f (@MetisDAO) <a href=\"https:\/\/twitter.com\/MetisDAO\/status\/1655617476074393601?ref_src=twsrc%5Etfw\">May 8, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">The launch of Aave V3 on Metis also means DeFi users can now generate yield easily via various supported assets even as they tap into enhanced risk management tools and reduced transaction fees through gas optimization. Overall, the integration brings more capital efficiency for Metis users and developers, the latter also accessing key tools for innovating decentralised applications.<\/p>\n<p dir=\"ltr\">Aave is a widely used DeFi protocol, boasting over $5.24 billion in total value locked (TVL), according to data from <a href=\"https:\/\/defillama.com\/protocol\/aave\" rel=\"noopener noreferrer\" target=\"_blank\">DeFiLlama<\/a>.\u00a0<\/p>\n<p dir=\"ltr\">The protocol\u2019s V3 version deployed on the Ethereum mainnet in January 2023 after successful launches on various Ethereum layer-2 protocols, including Polygon, Avalanche, Arbitrum, and Optimism.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/aave-v3-launches-on-ethereum-layer-2-network-metis\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Aave V3\u2019s launch on Metis follows a community vote that went live earlier this month. According to the Metis team, there are various ways in which the Aave V3 integration will benefit ecosystem users. The DeFi protocol\u2019s V3 is also live on Avalanche, [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":20694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/20693"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=20693"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/20693\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/20694"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=20693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=20693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=20693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}