Aave is considering new ways to bring more benefits to its users! According to a proposal on the Aave governance forum, this well-known decentralized finance (DeFi) platform plans to integrate Chainlink's latest oracle service. 🎉
Chainlink recently launched a service called Smart Value Recovery (SVR), aimed at profiting from Max Extractable Value (MEV) and redistributing those profits to DeFi protocols. Aave's proposal hopes to reinject MEV profits obtained from Aave liquidations back into the Aave ecosystem through the integration of SVR.
So, what does this mean for Aave users? Simply put, Aave estimates that it can capture about 40% of MEV profits through SVR, which will be redistributed to Aave DAO, benefiting users. This is undoubtedly exciting news, as it could bring more earnings and a better experience for users.
Of course, this proposal is still in the discussion phase, and community opinion will be a key factor in deciding its implementation. Friends, what do you think about this collaboration between Aave and Chainlink? Feel free to share your thoughts and insights in the comments! 💬
In summary, this proposal showcases Aave and Chainlink's efforts in innovation and user benefits. We look forward to seeing more such collaborations that bring new vitality and opportunities to the blockchain industry!