Aave’s Centralized Lending on Kraken Ink: Proposal Approved

A significant milestone has been reached in the collaboration between Aave and Kraken. A community governance proposal to integrate a centralized version of Aave’s lending protocol onto Kraken’s Ink blockchain has passed with resounding support. This move signifies a major step towards expanding Aave’s reach and potentially bringing its innovative lending solutions to a broader user base. The successful vote marks the commencement of the next phase, where the focus shifts towards the technical implementation and integration process. This partnership represents a powerful combination of decentralized finance (DeFi) and centralized exchange (CEX) technologies, promising exciting advancements in the future of lending.