The Aave community is leaning towards deploying a fresh v3 on Ethereum rather than upgrading the previous version.
$3.96 billion in liquidity and is the protocol’s biggest implementation across all chains, as it accounts for over 70% of the DeFi lender’s total value locked. Deciding on how to bring about the new version in Ethereum has a direct impact on the future of Aave v2 which is currently theThe community is deciding whether to issue a new version of the application or to upgrade the old version.
For BGD, a fresh deployment is better than a version upgrade. “Our opinion is that the advantages of doing a new deployment of an Aave v3 Ethereum holistically and importantly outweigh those of upgrading the current Aave v2 smart contracts,” said the BGD team.So far, Aave v3 has already been deployed on several other blockchains and layer two scaling solutions: Arbitrum, Fantom, Harmony, Optimism, Polygon and Avalanche.
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