[TEMP CHECK] World Liberty Financial Aave v3 Instance on Ethereum Mainnet Proposal

This proposal from World Liberty Financial (WLF) could open exciting new doors for Aave, but understanding the target audience is crucial to fully grasp its potential. Who does WLF aim to onboard with this Aave v3 instance? Identifying the specific user segments—whether it’s institutional investors, retail users, or crypto newcomers—will help us assess the long-term value of this collaboration for Aave.

One point to consider is that Aave will receive 20% of the revenue generated by the WLF instance, compared to 100% from the main Aave instance. It’s worth evaluating whether this might lead to internal competition between Aave’s current market and WLF’s, or if the growth from new users and increased liquidity will far exceed any potential downside. Given WLF’s focus on promoting DeFi to a broader audience, there’s a real opportunity here to drive significant growth for both platforms.

Some further details that would help clarify things:

  • Which networks will this proposal cover? Will it be deployed on Ethereum only, include Layer 2s, or start on Ethereum with expansion flexibility? (Update: proposal title have been update and now indicate Ethereum instance)

  • Will this instance require KYC (Know Your Customer) processes, or will it be open and permissionless?

Thank you to World Liberty Financial for bringing this forward! This proposal has exciting potential, and I’m eager to see how it can expand Aave’s reach while benefiting the entire DeFi ecosystem.

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