Proposal to add EURC to Avalanche Aave V3 opens temperature check voting
The proposal to add EURC to Avalanche Aave V3 has opened a temperature check vote on the community governance forum. EURC is Circle's euro-backed stablecoin, and the proposal suggests that adding EURC will have a net positive impact on the Aave and Avalanche ecosystems due to the DeFi synergies generated by users depositing or borrowing EURC on Aave. If consensus is reached, this proposal will be upgraded to the TEMP CHECK snapshot phase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Institutional Investors Are Secretly Buying These 4 Memecoins—Could They Deliver 4000% Returns in the 2025 Bull Market?
Are You Using the Right Wallet in 2024? Plus Wallet vs Trust Wallet – Find Out Now!
SUI’s Narwhal Shifts Blockchain Paradigm with Fast and Reliable Verification
Samson Mow Encourages Germany to Add Bitcoin to Its Reserves