Aave Chan proposed to withdraw Aave’s lending services from the Polygon PoS chain, as Polygon plans to use bridge stablecoins for revenue generation. Aave is the largest decentralized application on Polygon, with over $466 million locked on the PoS chain. Previously, Allez Labs and DeFi protocols Morpho and Yearn have proposed that the Polygon community deploy around $1.3 billion in stablecoin reserves into various lending protocols.
(The Block)
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