To proceed with $ 63m expansion for Sonic after positive temporary check vote



The rule of Aave is now weighing the ARFC proposal to bring V3 into Sonic, supported by a liquidity commitment of $ 63 million.

If the support of a fresh governance proposal is obtained, the AAV (AAVE) may go to the EVM-component blockchain network sonic from the creators of Phantom. Ave requested for comment on 31 January #8D417 The speed and fee-sharing model of the Sonic’s high transaction as a significant incentive for deployment indicates.

If approved by February 4, this step will come with a liquidity of $ 63 million, with a $ 15 million funding pledge from Sonic Foundation, $ 20 million and token up to $ 50 million in Circle’s USD Coin (USDC) (About $ 27.15 (approximately $ 27.15). One million). Aave will also contribute $ 800,000 to Stablecoins.

“Aave has deployed many promising new L1 and L2 EVM networks and is often one of the largest protocols on these networks. Given the impressive history of the team building Sonic, and promises innovations, it represents a strong candidate for the deployment of Aave V3. ,

Aseen

The governance process is in its next stage, currently an ArfC vote is open. Back in December, the AAVE community approved the initial temporary check to expand in the sonic. If this new proposal passes, it will evaluate a more detailed risk before the final vote.



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