DeFi Project Aave to Add Support for Fantom
Main page News, DeFi
Hot topic
26 January

The Fantom smart contract platform community has voted in favor of integrating the DeFi landing project Aave.

According to the voting results, the proposal has received 99.98% of the votes in favor.

The Fantom Foundation will provide a team of engineers to address issues during the implementation of the protocol.

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After launching on the network, Aave will be eligible to become a member of the Fantom Incentive program. Under it, projects can receive a monthly reward of up to 6 million FTM tokens (about $14.3 million).

The proposal to implement Aave was initiated by Fantom Foundation CEO Michael Kong, who described himself as a long-time fan of the DeFi project.

He has stressed he does not foresee any technical difficulties, as the platform supports all the tools Aave needs.

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