According to Bijié Wǎng, Aave has launched its V3 protocol on the Mantle Network to enhance institutional-grade lending liquidity on the Layer-2 platform, supporting assets such as ETH, USDC, and USDT. At the same time, the Aave DAO is preparing to close projects on low-revenue chains like zkSync, Metis, and Soneium, increase reserve ratios on underperforming chains such as Polygon and Optimism, and require new projects to guarantee at least $2 million in annual revenue, shifting focus toward profitability.
Aave Expands to Mantle Network, Plans to Shut Down Low-Yield Chains
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