Aave Votes to Deploy on Ethereum Layer-2 Solution zkSync

[Google News Bot]

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Following a three-day voting period, Aave community members approved Matter Labs’ proposal to deploy the decentralized lending protocol Aave on its Ethereum scaling product zkSync. Matter Labs is the development team behind the layer-2 scaling solution. Nearly all voters supported the proposal, while a mere 0.02% abstained. More than 561,000 Aave governance tokens (AAVE) were used in the voting process. However, the approved proposal is to deploy Aave to zkSync’s testnet. For mainnet deployment, Matter Labs would need to propose a new vote.“Earlier today, the proposal for Aave to dep ...

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