Areta Delegate Platform

[ARFC] Aave V3 Deployment on Aptos Mainnet

Vote Result: YES

Rationale

The innovation from using the benefits of Aptos’ features and the Move language and adapting these to Aave v3 is great - it provides a great test case for Aave’s implementation across non-EVM networks. Acknowledging some of the “decentralisation” components brought up by BGD Labs, we think this is a fair trade-off given that Aave v3 has had to be reconstructed in spirit in the Move language.

From a security perspective, it is very interesting to see that Move was designed for formal verification and it’s great that Aave Labs has worked closely with Certora on the security aspect of this deployment. Lastly, both risk providers support the deployment and have recommended assets and parameters to be onboarded.

All in all, we will vote YES in favour of this proposal.