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Aave To Use Chainlink’s PoR To Secure Bridged Assets on Avalanche

Popular decentralized finance (DeFi) lending protocol Aave is set to integrate proof of reserve in order to secure bridged assets on Avalanche, a layer-one blockchain specializing in smart contracts.

The decentralized autonomous organization (DAO) behind Aave has voted in favor of a proposal that will see Chainlink’s proof of reserve smart contract implemented into Aave v2 and v3 Avalanche.

(By Suzuki Shillsalot)

Aave Aave $352.09
+3.94%
AAVE chainlink DeFi
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