Will AAVE hit a new high again? LINK's support could potentially increase annual revenue by tens of millions of dollars!
The two leading DeFi projects
$AAVE and
$LINK have both seen significant increases today, but the reason is not due to the understanding king concept WLFI being boosted again,
but rather because the two projects have joined forces to promote a tangible collaboration that is expected to help both sides increase annual revenue by tens of millions of dollars.
LINK has launched a new service called 'Smart Value Recovery (SVR)', which is a brand new oracle solution that allows DeFi applications to recover MEV value in a 'non-toxic' way through LINK's quotes.
In the current DeFi operating environment, the value of MEV is captured by participants in the block construction process, without being returned to the original DeFi protocol, end users, and oracles that generated the MEV, which is the original intention behind LINK's SVR!
To establish a long-term partnership with AAVE, LINK proposed to share 65% of the revenue with AAVE for the first six months, but the final direction of the value after the revenue sharing was not clearly mentioned by LINK.
It was only stated: that the economic sustainability of LINK's oracle could be supported by covering transaction gas costs and other ongoing infrastructure expenses.
However, on AAVE's side, BGD Labs has clearly proposed to benefit users through recovery,
which may also explain why AAVE's increase is more pronounced than LINK's at the moment!
#加密市场反弹 #LINK🔥🔥🔥 #defi #AAVE.智能策略库🏆🏆 #预言机 $ENA