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Aave community proposes to set Lido Liquidity Observation Labs as the issuance management party of V3 market wstETH

Aave community proposes to set Lido Liquidity Observation Labs as the issuance management party of V3 market wstETH

CointimeCointime2024/02/01 00:26
By:Cointime

According to Governance Forum news, the Aave community has proposed to set Lido Liquidity Observation Labs as the issuance management of wstETH on the V3 market, including Ethereum, Base, Arbitrum, Optimism, Polygon, and Gnosis. This will enable Lido Liquidity Observation Labs to define and provide funding incentive plans for all wstETH markets, promoting growth and expanding Aave's user base. If the community reaches consensus on this ARFC, the proposal will be upgraded to the snapshot phase.

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