According to the latest data from Token Terminal, the BNB chain has the second largest daily active users after the Tron chain. On Apr. 2, the BNB chain had approximately 1.1 million active users.
Aave Launching on BNB Chain Makes Financial Sense
The Decentralized Finance (DeFi) researcher Ignas, wrote on Twitter, “Uniswap V3 deployment on BNB Chain has had a second-order effect. BNB Chain used to be considered ‘unfit’ for Ethereum-based dApps due to its centralization. But BNB Chain has many retail users, so launching on it makes financial sense.”
If the proposal is passed, users can put BNB, Wrapped Bitcoin (WBTC), Binance-peg Ethereum (BETH), Wrapped Ethereum (WETH), USDC, and USDT as collateral.
Expansion to Starknet and Polygon
Along with the proposal to launch on the BNB chain, the Aave community is also voting on a temperature check for deployment on zero-knowledge rollup Starknet.
The second phase proposal summarizes the details of phase-1, which was passed with a majority by the community. The voting started today and ends on Apr. 11.
As of writing, it has received 13,701 votes, with 99.91% voting in favor of the proposal.
On Mar. 29, the Aave community also passed a temperature check proposal for V3 deployment on the Polygon Zero Knowledge Ethereum Virtual Machine (zkEVM).
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