ChainCatcher reported that according to The Block, World Liberty Financial proposed to launch Aave V3 on the Ethereum mainnet on Wednesday, allowing users to borrow assets such as ETH, WBTC, USDC and USDT. The project is supported by the Trump family and aims to provide a safe lending platform.

The project plans to allocate 20% of the protocol interest to the Aave ecosystem reserve and will expand to the Scroll Ethereum second-layer network after successful integration. In addition, the project will sell non-transferable governance tokens to qualified investors, and 63% will be used for public sales. Despite facing doubts, analysts believe that the project may attract more users to decentralized finance.