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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
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Aave DAO proposes to freeze some of the Aave V3 low-activity chains and set income thresholds for new deployments
Wu said that Aave DAO has released the ARFC proposal “Focusing the Aave V3 Multichain Strategy – Phase 1,” proposed by ACI. It aims to serve as a continuation measure following the previous TEMP CHECK, to scale back the multi-chain deployment of Aave V3. The first phase plans to freeze Aave V3 instances on the zkSync, Metis, and Soneium networks, citing low long-term utilization, TVL, and revenue contribution, while still consuming governance and operational resources and posing risk exposure. Additionally, the proposal states that any future new Aave V3 deployments must be committed to generating at least $2 million in annual revenue from the target chain to ensure that deployment costs, risks, and rewards are aligned.