💥 Aave Considers Ending Support for Polygon: What Will It Mean? 💥
In a controversial move, Aave is considering ending support for the $POL market. 🚨 The reason? Security risks, especially bridge exploits like the one that happened on Harmony Horizon ($100 million). However, Polygon founder Sandeep Nailwal called this a “monopolistic” move.
🔍 What really happened?
1️⃣ Security or Overkill?
Aave wants to protect users from the risk of bridge exploits, but the decision also raises major questions about the sustainability of cross-ecosystem collaboration.
2️⃣ Morpho & Allez Labs Proposal
This proposal wants to leverage stablecoins on Polygon bridges to generate yield. However, Aave believes the risks outweigh the potential benefits.
3️⃣ Community Split
Polygon believes it’s about innovation & decentralization, while Aave focuses on risk mitigation.
📊 What are the implications?
For Polygon: This could be a major blow to liquidity and community trust in Aave.
For $AAVE : Potential loss of users on the Polygon network if the relationship is completely severed.
Who do you think is on the right track: Aave or Polygon? Is this a smart move or too drastic? Drop your thoughts in the comments! ⬇️