CoinVoice has recently learned that according to Coindesk, the lending protocol Aave is seeking community opinions to understand the level of interest in deploying Spiderchain on the Bitcoin L2 network.
The Aave-Chain Initiative (ACI), the driving force behind the protocol, has published a request for comment on a proposal from Spiderchain developer Botanix Labs that aims to scale lenders and lock more than $17 billion worth of capital into the emerging Bitcoin DeFi environment.
Once feedback is collected, the protocol will need to identify and mitigate potential security risks. ACI has not yet provided an expected timeline for this process. [Original link]