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A proposal for a “temperature check” to implement the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has received significant backing from the Aave community.
When the voting concluded on April 16, over 99% of Aave (AAVE) token holders expressed their support for the introduction of the third version of the lending and borrowing protocol on the zero-knowledge Ethereum Virtual Machine (zkEVM).
The proposal, initially presented on March 26, specifies that the launch will be restricted to USD Coin (USDC) and Ether (ETH).
A [Temp Check] is currently underway to deploy Aave V3 on the @zksync Era Mainnet, broadening Aave’s footprint and engaging with the expanding zkEVM ecosystem.https://t.co/ps1RMl7Sva
— Aave (@AaveAave) April 14, 2023
With the temperature check reflecting a “positive sentiment,” the subsequent steps outlined in the proposal will involve moving to another phase for additional discussions, followed by an assessment of risk parameters and the finalization of the proposal.
If these subsequent phases are successful, the proposal will be put forward for voting and on-chain governance endorsement.
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Approximately 0.02% voted against the proposal, while another 0.02% chose to abstain from voting.
The proposal indicates that deploying on zkSync could enhance the Aave ecosystem by attracting new users to decentralized finance (DeFi) and solidifying Aave’s status as a leading borrowing platform within the zero-knowledge ecosystem.
Related: Stablecoin adoption could lead to DeFi growth, says Aave founder
Previously, the Aave community voted to deploy the Aave V3 codebase on zkSync’s v2 Testnet, which received approval in a separate off-chain vote.
The decentralized exchange Uniswap is also preparing to launch on the zkEVM solution provided by Polygon after a governance proposal was successfully approved.
In November 2022, Aave revised its governance procedures following a $60 million short attack that ultimately did not succeed.
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