The Aave community proposes to incorporate the stablecoin fdUSD into the Aave v3 protocol

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Cointime2024/01/24 00:20

By:Cointime

According to a post on the community governance forum, Aave community has proposed to include the stablecoin fdUSD in the Aave v3 protocol. This means that fdUSD will be listed on the Binance Smart Chain deployment that Aave is about to launch. The proposal aims to leverage the strong demand for stablecoins and the growing popularity of the BSC ecosystem to provide users with more liquidity options. If consensus is reached during the ARFC phase and risk service providers provide feedback on risk parameters, the proposal will be upgraded to the ARFC snapshot phase.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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