The post Aave Expands to Aptos in First Move Off Ethereum appeared on BitcoinEthereumNews.com. Decentralized lending giant Aave has deployed on the Aptos blockchain, its first expansion beyond Ethereum-compatible networks Decentralized lending giant Aave has deployed on the Aptos blockchain, its first expansion beyond Ethereum-compatible networks. The move required rewriting the protocol in the Move programming language and gives Aptos users access to Aave’s market, which manages about $70 billion in deposits across chains. To accelerate adoption, the Aptos Foundation is funding liquidity rewards for depositors and borrowers. Demand proved brisk: initial supply caps were reached in less than a day, prompting the protocol’s governance to lift limits to $1 million per asset. The Aptos rollout integrates Chainlink price-feed oracles to secure collateral valuations, extending a collaboration that already underpins Aave’s markets on other chains. The launch underscores both Aave’s strategy to diversify beyond Ethereum infrastructure and Aptos’s push to attract flagship decentralized-finance applications. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/defi/aave-expands-to-aptos-first-move-off-ethereum-2ae1f9f6The post Aave Expands to Aptos in First Move Off Ethereum appeared on BitcoinEthereumNews.com. Decentralized lending giant Aave has deployed on the Aptos blockchain, its first expansion beyond Ethereum-compatible networks Decentralized lending giant Aave has deployed on the Aptos blockchain, its first expansion beyond Ethereum-compatible networks. The move required rewriting the protocol in the Move programming language and gives Aptos users access to Aave’s market, which manages about $70 billion in deposits across chains. To accelerate adoption, the Aptos Foundation is funding liquidity rewards for depositors and borrowers. Demand proved brisk: initial supply caps were reached in less than a day, prompting the protocol’s governance to lift limits to $1 million per asset. The Aptos rollout integrates Chainlink price-feed oracles to secure collateral valuations, extending a collaboration that already underpins Aave’s markets on other chains. The launch underscores both Aave’s strategy to diversify beyond Ethereum infrastructure and Aptos’s push to attract flagship decentralized-finance applications. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/defi/aave-expands-to-aptos-first-move-off-ethereum-2ae1f9f6