Aave Community Proposes cbBTC Onboarding in v3, Planned for Base Chain and Ethereum Mainnet Deployment
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September 12, 2024
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Foresight News reports that according to an announcement on the Aave governance forum, Aave is proposing to add Coinbase's new wrapped Bitcoin asset, cbBTC, to its v3 version. This is planned for deployment on both the Base chain and the Ethereum mainnet. The proposal was submitted by the Aave Chan Initiative (ACI), with the goal of increasing options for Bitcoin holders to participate in DeFi activities on Aave.
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