Right then, listen up! Those clever clogs at Aave Labs have cooked up a plan. A plan, I tell you! They want to plonk Aave V3 onto this newfangled thing called MegaETH right from the get-go. Why? To hoover up all the early bird borrowers and lenders, naturally. It’s all about the money, see? š°
- They’ve dusted off an old idea (an ARFC, whatever that is) to launch Aave V3 on MegaETH. Sounds exhausting, doesnāt it?
- They’re dangling 30 MILLION MegaETH points like carrots. For lending! Honestly, the things they get away withā¦
- And 6% of the MEGA KPI reserve! A whole 6%! It’s practically giving the stuff away!
So, theyāve sent off this ‘governance proposal’-sounds very official-to get Aave V3 up and running on MegaETH. The idea is to grab all the users before they wander off to other platforms. First mover advantage, they call it. Sounds like a playground squabble to me. š
Apparently, they had a little think about this before, but MegaETH was still a bitā¦ unfinished. Like a half-eaten biscuit. But now it’s almost ready, so Aave are having another go.
Aave Wants In, Immediately!
They reckon being there on Day 0 is crucial. Capture all the action, they say. Apparently, early network fuss can turn into real protocol usage. Honestly, it’s all rather clever, when you think about it. Though, I still prefer a good chocolate biscuit.
They’ll be accepting all sorts of digital tokens. Bridged ones, native ones, even those tricky synthetic and staked ones. Itās a real mish-mash! A chaotic buffet of crypto! Chainlinkās building these ‘oracles’ thingies to make it all work. Honestly, the jargon! šµāš«
Rewards and Shiny Things
Aave Labs are getting 30 million MegaETH points. 30 MILLION! They’ll use these to bribeā¦ er, incentivise people to lend and borrow. The points will be handed out through the interface. Redemption is on MegaETH platform at the end of each two month season. But only if youāve had your identity checked! KYC, they call it. Honestly, so much fuss!
MegaETH are also chucking 6% of their MEGA tokens into a ‘KPI framework.’ (I bet itās a spectacular, complicated framework). Itās a way to make sure Aave plays nicely with the new network. Tokens unlock if Aave does what the ‘DAO’ (another baffling term) tells it to do.
If everyone agrees, there’ll be a vote, then a final list of tokens, addresses, and risk measures. Itās a right palaver, this.
Whatās Been Going On?
MegaETHās been getting rather popular recently. They did a thing where people promised to put money in before it even launched-a pre-deposit, they called it-and it exploded! They had to increase the limit to a BILLION dollars! A billion! š¤Æ
Aaveās been busy too. Theyāve got a V4 roadmap (more jargon!), and launched a new app to help ordinary folks earn a bit of interest. It even makes it easier for people to find good stable yield opportunities!
With MegaETH nearly ready and Aave doing lots of tweaking, this V3 release could be the start of something big. Theyāre both aiming to become enormous by 2026. Weāll see about that, wonāt we? š¤
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2025-12-10 07:16