ARC: Deploy Aave V3 on IoTeX to Revolutionize DeFi x MachineFi

@raullen we’re waiting for aave.

IoTeX currently has a TVL of ~$50M according to DefiLlama (

The demand for “alternative” L1s like Fantom or Harmony is already quite low, while the TVL of these chains is much higher than IoTeX (we are talking about $350M for Harmony, $3B for Fantom)

I have absolutely nothing against IoTeX and I’m in favor of new integrations but I think their ecosystem being too fragile/immature for now, we should prioritize bigger networks first