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Aave Innovations: Fee Switches and Protocol Upgrades

Aave Innovations: Fee Switches and Protocol Upgrades

CointimeCointime2024/04/08 00:19
By:Cointime

Aave Chan's founder, Marc Zeller, has hinted at the possibility of a vote for activating a 'fee switch' on the DeFi platform. The aim is to reward the ecosystem with participation and investment, and to compete with other DeFi protocols. A proposal to distribute fees to users could be the next step for the platform. Skywards has proposed the adoption of sUSDe into Aave V3, which demonstrates the community-centric approach and decision-making process within the protocol.

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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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