The Aave community voted to approve the ARFC proposal "Deploy Aave V3 on Celo."

ChainCatcher message, the Snapshot page shows that the Aave community has voted to approve the ARFC proposal "Deploy Aave V3 on Celo." This ARFC proposal suggests deploying Aave on Celo to expand Aave's real-world lending and green asset collateral to global users, and to provide incentives to guide liquidity.

Upon final approval by the Aave community, Aave will be deployed on Celo, selecting suitable assets as collateral, including CELO, USDC, USDT, cUSD, and cEUR.

This deployment will be incentivized with $3 million provided directly by the Celo Foundation or through ecosystem partners over a period of 3 years (with an option to extend).