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The proposal to deploy Aave V3 onto the Kava Network, aiming to make it a leading cross-chain lending protocol in the Cosmos/IBC ecosystem, has received mixed reactions. While it could potentially earn a significant portion of Kava’s $750M developer incentive and access underserved markets worth over $150B, concerns have been raised about the quality of arguments from the Kava community.
The discussion primarily revolves around the proposal by T_Willis to deploy Aave V3 onto the Kava Network, with the aim of making it the leading cross-chain lending protocol in the Cosmos/IBC ecosystem1. The proposal suggests that this move could potentially earn a significant portion of Kava’s $750M Kava Rise developer incentive due to Aave's usage. Kava's mainnet, which has been live since early 2018, has demonstrated proven resiliency and scalability, having onboarded 1.9M+ unique addresses and processed over $2B in cross-chain transactions without issue. The proposal also highlights the successful launch of Kava's Ethereum co-chain and the Kava Rise developer incentive program.
Scott_stuart further emphasized the potential benefits of this deployment, stating that it would give Aave pools access to several underserved markets with a combined market cap of over $150B5. However, EzR3aL expressed concerns about the Kava community spamming the thread without providing strong arguments for the deployment10. Despite these concerns, the proposal received full support from the team at validator Blocks United12.
In conclusion, the proposal to deploy Aave V3 onto the Kava Network has been met with both support and skepticism within the community. The potential benefits include access to underserved markets and a significant portion of Kava’s developer incentive. However, concerns have been raised about the quality of arguments provided by the Kava community. The final decision on the proposal is yet to be made.
Posted 2 years ago
Last reply 2 years ago
Summary updated 2 months ago
Last updated 09/12 13:53