[TEMP CHECK] Deploy Aave v3 on Ink

[TEMP CHECK] Deploy Aave v3 on Ink

Author: ACI

Date: 2025-02-07


Simple Summary:

This TEMP CHECK seeks the community’s input on the deployment of Aave V3 on Ink.

Background:

Ink is an Ethereum OP Stack layer 2 blockchain designed to be the house of DeFi for the Superchain; a powerful baselayer for deploying innovative DeFi protocols.

  • Sub-second block times: 1s block times Day 1, sub-second blocks coming soon.
  • Security: Sequencer-level security to protect users from malicious intents and exploits.
  • Interoperability: A commitment to the seamless flow of capital across the Superchain and beyond.
  • Unleashed by Kraken: Ink will leverage Kraken’s security and crypto expertise to support builders and users alike as they move towards independent financial sovereignty.
  • Scaling Ethereum: Ink is dedicated to scaling Ethereum with a powerful L2 that enhances performance and accessibility.

Motivation

Aave has deployed on multiple promising new L1 and L2 EVM networks and is often one of the largest protocols on these networks.

Ink is a Layer 2 built on the OP Stack and part of the Superchain. Aligning with the Optimism Superchain promotes interoperability and the seamless flow of funds from one chain to the next, allowing Ink to push the limits of DeFi and Aave Protocol.

Ink features:

  • Abstraction: Ink integrates Kraken’s infrastructure and enables users to enjoy a unified experience from converting fiat to the cutting edge of DeFi.
  • DeFi-first: Ink aims to scale up DeFi’s user base and evolve the quality and range of DeFi products.
  • UX: Ink pursues a user experience that makes your onchain journey a breeze by leveraging aggregation, automation and abstraction. Check out our Ink Kit here for more.
  • Speed: 1s block times on day one with subsecond block times coming soon.
  • Security: Kraken’s decade-long record of security and reliability will be reflected and pushed forward on Ink.
  • Support: Builders can expect rich documentation, expert guidance, workshops, tailored onboarding, dedicated community channels and financial support to bring their ideas to life.
  • Low Fees: Harnessing the scalability of Optimism and the security of Ethereum, gas fees on Ink are a fraction of mainnet.
  • Open Source, Scaling Ethereum: At Ink, we build in the open, benefiting all.
  • EVM compatible: Seamlessly deploy any Solidity contract written for Ethereum Mainnet or other L2s directly on Ink without modifications.

Proof of Liquidity (POL) and Deposit Commitments:

More details will be shared on ARFC stage.

Specification:

Risk Parameters will be provided by Service Providers and this section will be updated at ARFC stage if proposal moves forward, after successful TEMP CHECK Snapshot.

Useful Links

Disclaimer:

This proposal is powered by Skywards. The ACI is not directly affiliated with Ink or Kraken and did not receive any compensation for creating this proposal.

Next Steps

  1. If consensus is reached on this [TEMP CHECK], escalate this proposal to the Snapshot stage.
  2. If the Snapshot outcome is YAE, this proposal will be escalated to ARFC stage.
  3. Publication of a standard ARFC, collect community & service providers feedback before escalating proposal to ARFC snapshot stage.
  4. If the ARFC snapshot outcome is YAE, publish an AIP vote for final confirmation and enforcement of the proposal.

Copyright:

Copyright and related rights waived under CC0

5 Likes

I will support this TEMP CHECK and look forward to see what risk is saying about which assets should be listed and the commitments coming from Ink.

1 Like