{"id":311805,"date":"2024-05-28T23:15:48","date_gmt":"2024-05-28T17:45:48","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=311805"},"modified":"2024-05-28T23:15:48","modified_gmt":"2024-05-28T17:45:48","slug":"aave-to-launch-own-blockchain-after-v4-upgrade-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/aave-to-launch-own-blockchain-after-v4-upgrade-crypto-news\/","title":{"rendered":"Aave to Launch Own Blockchain After V4 Upgrade &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Aave CEO Stani Kulechov hinted that DeFi\u2019s largest lending platform could launch Aave Network in 2025.<\/p>\n<div>\n<p>Aave is looking to launch its own blockchain, dubbed Aave Network, after its forthcoming V4 upgrade. Given the lending protocol\u2019s $13 billion in total value locked (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/aave#information\">TVL<\/a>), the proposed network could potentially become one of the largest Layer 2 solutions in DeFi.<\/p>\n<p>On May 1, Aave <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/aave-proposes-v4-iteration-and-aave-network-validium\">unveiled<\/a> its V4 iteration featuring a unified cross-chain liquidity layer and liquidity premiums.<\/p>\n<p>Yesterday, following speculation from Aave DAO members on social media, Aave CEO Stani Kulechov <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/StaniKulechov\/status\/1795148250644664434\">posted<\/a>, \u201cThis is not a drill, Aave Network is planned to come after V4.\u201d<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/defillama.com\/\" class=\"no-underline\"><\/p>\n<figure><figcaption class=\"text-center text-xs\">Protocol Rank by TVL<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>When questioned on the timeline for V4, Kulechov continued, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/StaniKulechov\/status\/1795176660939006194\">posting<\/a>, \u201cNext year for sure.\u201d While there is little information publicly available on the potential Aave Network, it is presumed that the network will be secured by Ethereum and act as a hub for both Aave Protocol and its native stablecoin, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/gho.xyz\/\">GHO<\/a>.<\/p>\n<p>The Aave community was excited by the news, with figures such as Marc Zeller, founder of the Aave-Chan Initiative (ACI), <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/lemiscate\/status\/1794999405096927738\">saying<\/a>, \u201cIt would also be the 3rd largest \u201cchain\u201d after Ethereum and Tron.\u201d<\/p>\n<p>Aave\u2019s TVL has increased by 21% over the last month. Meanwhile, its AAVE governance token is up <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/aave\">9%<\/a> on the week, outperforming other established DeFi protocols such as Lido and Maker.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Aave CEO Stani Kulechov hinted that DeFi\u2019s largest lending platform could launch Aave Network in 2025. Aave is looking to launch its own blockchain, dubbed Aave Network, after its forthcoming V4 upgrade. Given the lending protocol\u2019s $13 billion in total value locked (TVL), the proposed network could potentially become one of the largest Layer 2 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":311808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-311805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/311805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=311805"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/311805\/revisions"}],"predecessor-version":[{"id":311811,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/311805\/revisions\/311811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/311808"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=311805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=311805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=311805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}