Aave Moves Toward Adding Ethena USDe To V4 On Avalanche
TL;DR Aave governance is reviewing a proposal to onboard Ethena’s USDe to the V4 core instance on Avalanche. USDe uses LayerZero OFT architecture with a 24-hour timelock and an Ethereum escrow model across 31 networks. USDe is not yet live on Aave V4 Avalanche under this proposal. Aave is moving closer to adding Ethena’s USDe […]
Key Takeaways
- TL;DR Aave governance is reviewing a proposal to onboard Ethena’s USDe to the V4 core instance on Avalanche.
- USDe uses LayerZero OFT architecture with a 24-hour timelock and an Ethereum escrow model across 31 networks.
- USDe is not yet live on Aave V4 Avalanche under this proposal.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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