MetisDAO Foundation, a Canadian organization that is dedicated to building a robust and decentralized layer 2 infrastructure for Web3 enterprises, has announced the deployment of Aave Protocol V3 on the Metis Layer 2 network. The deployment of Aave V3 is expected to unlock new on-chain liquidity and DeFi capabilities for users across Aave and Metis. The integration will bring enhanced capital efficiency, valuable new security, and risk mitigation features to the Metis ecosystem.
Arbitrum One and Arbitrum Nova are two of the most widely used Layer 2 scaling solutions for Ethereum. Today, the Arbitrum Foundation announced that it is launching DAO governance for both networks, marking a significant milestone in their decentralization efforts. Along with this, the Foundation will be airdropping $ARB tokens to Arbitrum users on March 23, which will be used to facilitate community governance.
Why DeFi? More importantly ask yourself why not! The vast majority of people are in Crypto to not only make money but to be in control of their assets.