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Aave V4 goes live on Ethereum after governance vote clears rollout

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 20 Views

Aave V4 goes live on Ethereum after governance vote clears rollout

The rollout includes Aave Pro for advanced users and integrates Chainlink to provide oracle data for V4 markets.

Decentralized finance (DeFi) lending platform Aave has launched its V4 protocol on Ethereum after a binding onchain governance vote cleared its deployment. 

On Monday, Aave announced the launch of its V4 protocol on Ethereum, introducing infrastructure designed to “expand onchain markets into real-world credit markets.” The company said this includes structured lending, fixed-rate borrowing and tokenized asset-backed credit.

The rollout follows a Snapshot vote that gained near-unanimous support for a subsequent Aave Improvement Proposal (AIP), a binding onchain vote that opened on March 26 and closed on Sunday. The proposal passed with about 433,000 votes in favor, or roughly 60%, versus about 282,000 votes against, or nearly 40%.

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