Aave DAO Considers Leaving Polygon

Reading Time: 2 minutesAave DAO is considering incentivizing migration from Polygon Aave DAO said it doesn't agree with Polygon's recent proposal to use stablecoin reserves for yield farming on other DeFi platforms Polygon has noted that the proposal is in its early stages and it's currently listening to the community Aave DAO may cease operations on the Ethereum layer 2 platform Polygon if the scaling layer upholds a proposal to use stablecoin reserves for yield farming.

Dec 17, 2024 - 08:44
Aave DAO Considers Leaving Polygon
StablecoinReading Time: 2 minutesAave DAO is considering incentivizing migration from Polygon Aave DAO said it doesn't agree with Polygon's recent proposal to use stablecoin reserves for yield farming on other DeFi platforms Polygon has noted that the proposal is in its early stages and it's currently listening to the community Aave DAO may cease operations on the Ethereum layer 2 platform Polygon if the scaling layer upholds a proposal to use stablecoin reserves for yield farming.

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