- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Aave is planning to sunset its deployments on zkSync, Metis, and Soneium, setting a $2 million revenue threshold for new chains.
BlockBeats News, December 3rd, the Aave DAO passed a temperature check vote to adjust the V3 multi-chain deployment strategy, planning to shut down instances deployed on zkSync, Metis, and Sony Soneium, and set a clear $2 million annual revenue floor for new deployments. Aave is currently operational on at least 18 blockchains, including numerous Ethereum Layer 2 networks, as well as other Layer 1 networks like Aptos and Sonic. Now, Aave DAO's primary delegation platform ACI seems to be looking to roll back some expansion plans and impose stricter requirements for future deployments. As part of its proposal, ACI also suggests setting a $2 million annual revenue floor for future deployments and introducing a stablecoin "reserv factor" for other smaller revenue generators.
According to forum discussions, ACI's Growth Service Provider (Growth SP) has proposed rolling back Aave instances on zkSync, Metis, and Sony Soneium networks as these instances have been deemed "proven to be misaligned with market demand." The total value locked on these three chains is the lowest compared to other Aave deployments, accounting for only a small fraction of Aave's total revenue. Metis, co-founded by Vitalik Buterin's mother Natalia Ameline, currently has an annualized revenue of just over $3,000. Soneium fares slightly better with an annualized revenue exceeding $50,000. In contrast, Aave's largest deployment on the Ethereum mainnet generates over $142 million in revenue, while Base's revenue is $4.7 million.
You may also like
Lighter Founder's Latest Response on Token Launch Progress, What Was Said
Whale Withdraws 2,218 ETH from Kraken Sparking Market Interest
Key Takeaways A massive withdrawal of 2,218 ETH, 37.1 million SKY, and 4,772 AAVE occurred from Kraken. The…
Whale Trader Reaps Significant Profits from Ethereum Sales
Key Takeaways A whale, identified as address “0xa339”, has executed a large sale of 50,623 ETH. The total…
Whale Withdraws Millions in Ethereum and Other Tokens from Kraken
Key Takeaways A whale has withdrawn 2,218 ETH, valued at approximately $6.52 million, from Kraken. The whale also…
ZKC Price Surge Shakes Crypto Market
Key Takeaways ZKC (Boundless) experienced a significant 20.72% increase over the past 24 hours, reaching $0.14. The transition…
Smart Trader Closes Ethereum Positions, Faces $3.4 Million Loss
Key Takeaways Smart trader pension-usdt.eth closed a 30,000 ETH short position, incurring a $3.4 million loss. Despite this…
Japanese Central Bank Signals Potential Interest Rate Hikes Impacting Crypto Market
Key Takeaways The Japanese Central Bank has indicated potential interest rate hikes as the yen weakens, affecting the…
Bitcoin Reaches $90,000 Amid Geopolitical Tensions and Oil Price Surge
Key Takeaways Bitcoin recently surged past $90,000, driven by heightened geopolitical tensions and rising oil prices. The cryptocurrency…
Crypto Whale Strategically Bets on Bitcoin, Ethereum, Solana Shorts
Key Takeaways A prominent crypto whale has launched a substantial $243 million short position across Bitcoin, Ethereum, and…
Hong Kong Implements Basel Crypto Standards for Banking
Key Takeaways Hong Kong Monetary Authority will enforce the Basel crypto asset regulatory standards starting January 1, 2026.…
Plasma Token Surges 14.3% as Stablecoin Blockchain Gains Traction
Key Takeaways Plasma Token’s Price Surge: The price of Plasma (XPL) surged by 14.3% over the last 24…
ZEC Price Soars Amidst Market Frenzy as Major Positions Shift
Key Takeaways ZEC witnessed a price surge of 14.36% within 24 hours, reaching $512.25 on December 27. The…
Crypto Treasury Companies Face Uncertain Future by 2026, Ethereum and Solana May Be Affected
Key Takeaways Altan Tutar, CEO of MoreMarkets, predicts a grim outlook for most cryptocurrency treasury companies by 2026.…
Trend Research Significantly Boosts Ethereum Holdings
Key Takeaways Trend Research has increased its Ethereum holdings by purchasing 46,379 ETH. The firm now owns approximately…
Whale Deposits 1.81 Million USDC in HyperLiquid for Leveraged LIT Position
Key Takeaways A significant investor has deposited 1.81 million USDC into HyperLiquid. The investor utilized a 3x leverage…
Ethereum’s ‘Hegota’ Upgrade Expected by Late 2026 as Developers Accelerate Roadmap
Key Takeaways Ethereum’s next major upgrade, named “Hegota,” is planned for release in the latter part of 2026,…
2026: Ethereum’s Exponential Scaling with ZK Technology
Key Takeaways Ethereum’s transition to zero-knowledge (ZK) proofs is set to dramatically improve transaction speed and scalability, aiming…
Bitcoin Price Dips as Precious Metals Hit Record Highs Amid Rising Geopolitical Tensions
Key Takeaways Major Slide in Crypto Sector: Cryptocurrencies and crypto-related stocks experienced a notable decline with Bitcoin falling…
Lighter Founder's Latest Response on Token Launch Progress, What Was Said
Whale Withdraws 2,218 ETH from Kraken Sparking Market Interest
Key Takeaways A massive withdrawal of 2,218 ETH, 37.1 million SKY, and 4,772 AAVE occurred from Kraken. The…
Whale Trader Reaps Significant Profits from Ethereum Sales
Key Takeaways A whale, identified as address “0xa339”, has executed a large sale of 50,623 ETH. The total…
Whale Withdraws Millions in Ethereum and Other Tokens from Kraken
Key Takeaways A whale has withdrawn 2,218 ETH, valued at approximately $6.52 million, from Kraken. The whale also…
ZKC Price Surge Shakes Crypto Market
Key Takeaways ZKC (Boundless) experienced a significant 20.72% increase over the past 24 hours, reaching $0.14. The transition…
Smart Trader Closes Ethereum Positions, Faces $3.4 Million Loss
Key Takeaways Smart trader pension-usdt.eth closed a 30,000 ETH short position, incurring a $3.4 million loss. Despite this…
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：bd@weex.com
VIP Services：support@weex.com
App