Skywards Mull Adding Ethena’s sUSDe To Aave V3 On Ethereum
Skywards, a prominent DeFi entity, has proposed the integration of Ethena’s synthetic dollar, sUSDe, into Aave V3 on Ethereum.
The proposal follows a consensus reached during the TEMP CHECK stage, signaling potential enhancements to the Aave protocol.
sUSDe offers a stable crypto-native solution with lucrative yield-earning opportunities, making it an attractive asset for borrowers within the Aave ecosystem.
Chaos Labs will provide risk parameters for the integration. Skywards is driving this proposal, emphasizing community-driven decision-making and transparency in governance processes.
If the response remains positive, the proposal will progress to the ARFC snapshot stage, followed by an AIP vote for final confirmation and enforcement.
The integration of ezETH into Aave is expected to increase demand for ezETH, boost revenues for both Aave and Renzo Protocol, and enhance liquidity and peg stability for ezETH.
(With inputs from Shikha Singh)
You need to login in order to Like
