The proposal also includes requiring any new deployment to guarantee at least $2 million in annual revenue to Aave.\n<\/p>\n
A governance delegation platform for Aave<\/a>, the largest decentralized lending platform, with more than $29 billion in total value locked (TVL), has proposed pausing three underused Layer 2<\/a> deployments of Aave V3.<\/p>\n In a Jan. 29 governance proposal<\/a> that moved to a snapshot vote on Feb. 3, the Aave Chan Initiative (ACI) proposed that Aave freeze its V3 deployments on Ethereum L2s zkSync Era<\/a>, Metis<\/a>, and Soneium to cut costs.<\/p>\n \u201cOver time, it has become clear that a small subset of instances contributes very little user activity, TVL, and revenue, while still requiring a non-trivial amount of attention from service providers and governance participants,\u201d ACI wrote in the prospal.<\/p>\n The proposed reduction in L2 deployments aims \u201cto reduce operational overhead and governance burden by addressing instances that are clearly non viable today.\u201d<\/p>\n Among the three networks, zkSync currently has the largest TVL at about $26 million, followed by Soneium<\/a> with $21.6 million and Metis with $11.7 million, according to DefiLlama<\/a> data.<\/p>\n Over the past 30 days, Aave generated just $714 in revenue on zkSync, $679 on Metis, and just $150 on Soneium, per DefiLlama. For comparison, within the same timeframe Aave made over $7.7 million on Ethereum and nearly $298,000 on Base.<\/p>\n Now, ACI is pushing for stricter terms on future expansions. The proposal calls for any new chain deployment to guarantee Aave a minimum of $2 million in annual revenue, arguing that the protocol\u2019s liquidity is often underpriced given the \u201cupfront and recurring costs.\u201d<\/p>\n