Aave launches on Era Mainnet with ZKsync, aiming to expand DeFi scalability and security.
From investing.com
August 21, 2024 3:30:35 pm:
Aave has launched Aave V3 on Era Mainnet powered by ZKsync, offering users access to efficient and secure transactions with low-cost and reliable price feeds from Chainlink in the Elastic Chain ecosystem. This integration aims to expand DeFi scalability, privacy, and security while attracting a wider user base and unlocking new institutional use cases.
The deployment of Aave on Era Mainnet by ZKsync leverages ZK technology to provide low-cost, faster transactions in a secure environment, attracting a wider user base and enhancing the user experience within the Elastic Chain ecosystem. Aave’s deployment is also expected to enable privacy-focused DeFi applications and unlock new institutional use cases for overcollateralized stablecoins and fast, cost-efficient payments.
Read more at Investing.com: Aave Launches on Era Mainnet Powered by ZKsync By Chainwire