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Aave Community Proposes Setting Lido Liquidity Observation Labs as Issuance Manager for V3 Marketplace wstETH

Aave Community Proposes Setting Lido Liquidity Observation Labs as Issuance Manager for V3 Marketplace wstETH

2024/01/31 20:44
AAVE-2.66%ARB-5.15%ETH-1.28%

According to Governance Forum news, the Aave community is proposing to set up Lido Liquidity Observation Labs as the issuance manager for wstETH on V3 markets including Ether, Base, Arbitrum, Optimism, Polygon, and Gnosis, which will allow Lido Liquidity Observation Labs to define and provide funding incentive programmes for all wstETH markets, fostering growth and expanding Aave's user base. If the community reaches a consensus on this ARFC, this proposal will be upgraded to the Snapshot stage.

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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