{"id":56618,"date":"2022-01-26T12:42:15","date_gmt":"2022-01-26T10:42:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=56618"},"modified":"2025-09-04T07:21:01","modified_gmt":"2025-09-04T04:21:01","slug":"defi-project-aave-to-add-fantom-support","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/defi-project-aave-to-add-fantom-support\/","title":{"rendered":"DeFi project Aave to add Fantom support"},"content":{"rendered":"<p>The Fantom smart-contract platform community <a href=\"https:\/\/snapshot.org\/#\/aave.eth\/proposal\/0x4a8ff1d3876390cde6b43fc93c0135de67fb6aa68a23e8eefeb770fe95735932\">voted<\/a> to integrate the lending DeFi project Aave. The proposal received 99.98% of the votes.<\/p>\n<p>The Fantom Foundation will provide an engineering team to address issues during the deployment of the protocol.<\/p>\n<p>Presumably, after launch, Aave could become a participant in the Fantom Incentive program. Under it, projects can receive up to 6 million FTM tokens per month (about $14.3 million).<\/p>\n<p>The proposal to deploy Aave was initiated by Fantom Foundation CEO Michael Kong, who described himself as a longtime supporter of the DeFi project.\u00a0<\/p>\n<p>He noted that he does not foresee any technical difficulties, as the platform supports all the necessary Aave tools.<\/p>\n<p>Previously, in October 2021, the Fantom team brought to vote in Aave Governance a proposal to launch the protocol on the platform, which received 99.74% support.<\/p>\n<p>In the same month Aave <a href=\"https:\/\/u1f987.com\/en\/news\/aave-adds-avalanche-support\">integrated<\/a> with the Avalanche blockchain. Prior to this, the project had been deployed only on Ethereum and Polygon.<\/p>\n<p>Earlier in January 2022, the Fantom ecosystem <a href=\"https:\/\/u1f987.com\/en\/news\/fantom-defi-ecosystem-becomes-third-largest-by-tvl\">rose to third place<\/a> by the volume of locked assets, behind only Ethereum and <a href=\"https:\/\/u1f987.com\/en\/news\/terra-defi-ecosystem-tvl-surpasses-18-billion\">Terra<\/a>.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fantom smart-contract platform community voted to integrate the lending DeFi project Aave. The proposal received 99.98% of the votes.<\/p>\n","protected":false},"author":1,"featured_media":56619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1212,1093,1462],"class_list":["post-56618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-aave","tag-defi","tag-fantom-blockchain"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=56618"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56618\/revisions"}],"predecessor-version":[{"id":56620,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/56618\/revisions\/56620"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/56619"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=56618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=56618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=56618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}