Based on Coinotag, Aave has launched on Mantle Network to enhance institutional lending liquidity in the Layer-2 space, supporting assets like ETH, USDC, and USDT. The protocol is also streamlining operations by closing underperforming deployments, such as zkSync and Metis, which generate less than $50,000 annually. Aave’s governance proposes a $2 million annual revenue threshold for new chain integrations to ensure economic viability and sustainability. The move aligns with Mantle’s growing TVL and enterprise adoption focus. Aave’s strategy includes raising Reserve Factors on mid-tier chains to boost protocol earnings and monitor performance over the next 12 months.
Aave Expands to Mantle Network, Considers Closing Underperforming Chains
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