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BSCNยท2025-08-22 04:34

Project Deployment - Aave, a leading DeFi lending protocol, expands beyond EVM by deploying on Aptos [1] - The deployment marks Aave's first expansion outside Ethereum-based chains [1] - Aave V3 is re-implemented in Move, Aptos's Rust-based smart contract language [2] Security and Audits - The rollout followed a strict security-first process, including multiple audits [2] - A capture-the-flag challenge and a $500K bug bounty paid in Aave's GHO stablecoin were conducted [2] Market Impact and Strategy - Aave integrates Chainlink Price Feeds to secure markets [1] - Incentives are funded by the Aptos Foundation [1] - At launch, Aave supports USDC, USDT, APT, and sUSDe [2] - Aptos sees the launch as a liquidity engine to expand borrowing and lending, given its $1.3B in stablecoins [2] - Aave Labs founder calls it "a big step in Aave's multichain strategy" [3]