Aave community votes to approve ARFC proposal to deploy Aave V3 on Celo

05/20 08:18

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As shown on the Snapshot page, the Aave community has voted in favor of the ARFC proposal "Deploying Aave V3 on Celo". The proposal suggests deploying Aave on Celo to expand Aave's real-world lending and green asset collateral to global users, and provide incentives to guide liquidity.After being approved by the Aave community, Aave will be deployed on Celo and suitable assets will be selected as collateral, including CELO, USDC, USDT, cUSD, and cEUR.This deployment will provide a $3 million incentive by the Celo Foundation directly or through its ecosystem partners over 3 years (extendable).

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