Aave eyes expansion to BNB Chain, Starknet and Polygon zkEVM

The Aave team has since been trying to expand to different blockchains. Indeed, according to a recent publication, she would like to start phase 2 of the integration on Starknet. On April 11, the vote for the proposal will come to an end. The company is engaging in discussions on rolling out version 3 on BNB Chain.

The Block announcing on Twitter that Aave is considering expansion to BNB Chain, Starknet and Polygon zkEVM

All expected Aave deployments

The submitted proposal made was for a two-step integration process between Aave and Starknet. Stage 1 focuses on establishing a cross-chain bridge between Ethereum and Starknet. The community approved this proposal. Thus, stage two will fully implement the protocol on Starknet.

The Polygon zkEVM network was recently launched and the community was quick to approve the deployment of Aave V3. Indeed, the proposal that has been voted called for restricting asset inflows and implementing prudent risk parameters. These measures should enable development and risk management service providers to comprehensively analyze the zkEVM network. Only three types of guarantees have been approved. Indeed, these are WETH, WMATIC and USDC as well as a lending asset, USDC.

Deployment on BNB Chain

Marc Zeller is the founder of Aave-Chan Initiative. On April 04, he proposed Aave V3 deployment on BNB Chain. This expansion is expected to reach users of BNB Chain, a blockchain associated with Binance. In the proposalwe can read :

This deployment aims to improve growth and collaboration between the Aave and BNB Chain communities, providing new opportunities for both ecosystems. »

Moreover, Aave will not be the only one to benefit from this integration. Indeed, BNB Chain currently lacks a major DeFi lending platform. Thus, with this new integration, the channel will benefit from Aave’s reputation and user base.. Version 3 will be rolling out on BNB Chain.

As usual, the opinion of the Aave community will be collected before the deployment of Aave V3 on BNB Chain. Indeed, it will above all have to decide on the proposed risk parameters and the technical details of the deployment.. So, could the project fail because of the consensus that needs to be reached?

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