Aave is collaborating with Aptos to develop the initial non-EVM codebase for its Protocol V3 using the Move programming language.

The founder of the decentralized finance lending platform, Stani Kulechov, took to social platform X to share that Aave is now partnering with a Layer 1 blockchain called Aptos. Aave This collaboration aims to create the first non-EVM-focused codebase for Aave Protocol V3 using the Move programming language. Aptos According to Aptos, this initiative is part of a broader goal to expand the presence of the Aave Protocol beyond EVM networks.

A proposal from the Aptos Foundation aims to implement Aave V3 on the Aptos Mainnet as part of Aave's transparent governance method. This includes developing integration code that has already been deployed on the Aptos testnet, with an ongoing audit for the code. 2030 plan Currently, Aptos is inviting community feedback on the rollout of Aave V3 on its network, aiming to bolster Aave's visibility and tap into Aptos' growing DeFi ecosystem and user base.

The planned deployment is anticipated to harness novel technological avenues and expand Aave’s ecosystem further. By leveraging Aptos' tech and developer community, Aave seeks to cater to varied financial demands, draw in new users, and spur innovation in the DeFi world.

Moreover, Aptos has highlighted multiple benefits of this deployment, such as being the initial non-EVM approach for Aave, enhanced transaction efficiency, bolstered security via Move, cost-effective transaction execution, a flexible architecture, and economic advantages for the Aave DAO.

Aptos operates as a Proof-of-Stake smart contract network that utilizes Move to conduct transactions within its virtual machine.

Our partnership with Aptos focuses on establishing Aave Protocol V3’s first non-EVM codebase in the Move language. This initiative by the Aptos Foundation forms part of the Aave 2030 vision to broaden the Aave Protocol beyond traditional EVM frameworks.

Aptos Aave is seeking a community vote to launch a customized version of Aave V3 on the Lido platform.

Recently, Aave initiated a community vote to collect opinions on the implementation of the proposed collaboration with Lido's Alliance to create a tailored Aave V3 instance specifically for their platform.

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Alisa, a passionate journalist at Cryptocurrencylistings, focuses on cryptocurrency, zero-knowledge proofs, investments, and the vast world of Web3. With a sharp focus on emerging trends and technologies, she delivers extensive coverage to engage and inform readers in the fast-changing digital finance landscape. Lido Aave V3 instance Hyperliquid has revamped its fee structure and staking tiers, providing traders with greater flexibility.