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Aave Considers Implementing Version 3 on Coinbase-Backed Layer 2 Blockchain Base

Aave's governing forum is considering the implementation of its version 3 on Base, a Layer 2 blockchain supported by Coinbase. The proposal was put forward by Francis Gowen, a protocol specialist at Flipside Crypto and a delegate and contributor to Aave.

The proposal is currently in the initial feedback stage, with Aave community members providing their opinions. If successful, the proposal will move to the next stage for further discussion and risk parameter evaluations before advancing to a final on-chain vote. The integration of Aave with Base could create significant revenue streams for the project and provide access to a large user base.

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