Aave proposal to launch centralized lending on Kraken’s Ink moves to next phase


Aave proposal to launch centralized lending on Kraken’s Ink moves to next phase


Aave’s community overwhelmingly approved a proposal to license a centralized version of its lending protocol for deployment on Kraken’s Ink blockchain.

A proposal for the decentralized finance (DeFi) lending protocol Aave to launch a centralized version of its service on the crypto exchange Kraken’s Ink blockchain has received widespread approval among the community.

An Aave request for comment (ARFC) for the deployment of a whitelabel version of Aave v3 for the Ink Foundation, the organization behind the Ink blockchain, was approved with 99.8% of the votes cast in favor.

An ARFC acts as a preliminary offchain vote before proceeding with a full decentralized autonomous organization (DAO) vote. The next phase involves drafting an Aave improvement proposal (AIP) that will be voted onchain.

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