"Aave DAO launches Aave V3 ETH Lido custom pool, which will support more customized financial solutions in the future"
1. Aave DAO recently launched a customized pool designed specifically for Lido Finance’s stETH and wstETH, marking another important milestone in the field of decentralized finance (DeFi). This newly launched Aave V3 ETH Lido pool not only paves the way for more customized financial solutions in the future, but also provides third-party developers with the opportunity to create other pools specifically optimized for specific use cases.
Aave's V3 architecture allows for a variety of customized deployments to meet the needs of different risk configurations. Lido will provide liquidity incentives to users and reward developers for innovative use cases for staking ETH. The founder and CEO of Aave Labs called this deployment the beginning of the future development of Aave and DeFi.
The total value of stETH currently supplied on Aave reaches $4.63 billion, and the new market will further optimize ETH lending dynamics, attract more liquidity, and bring long-term growth to Aave DAO. Unlike traditional staking which requires a minimum of 32 ETH, stETH allows users to earn staking rewards with any amount of ETH. This cooperation will solidify Aave’s leadership position in the DeFi field and promote the decentralization of Ethereum verification.
2. Beneficial to Aave Dao
• Strengthening platform position: Aave is expected to become the platform of choice for users leveraging wstETH to maximize staking returns.
• Improved economics: The isolated Lido market enables Aave DAO to adjust collateral and interest rate parameters to optimize ETH lending dynamics.
• Increase liquidity: The incentives provided by Lido and the risk allocation in isolated markets may attract a large amount of new assets into Aave.
• Long-term growth: An optimized market for liquid staking tokens has the potential to expand Aave’s total value locked (TVL), market share and revenue streams.
3. I am very optimistic about the DeFi ecosystem. The customized pool launched by Aave DAO specially designed for Lido Finance’s stETH and wstETH marks an important innovation milestone for Aave V3 in the DeFi field. This move demonstrates Aave’s flexibility and commitment to innovation while providing new liquidity incentives and optimization opportunities. Through this customized pool, Aave will not only be able to better serve stETH users, but may also attract more asset inflows and further consolidate its leadership position in DeFi. Overall, this innovative deployment helps promote the development of the entire DeFi ecosystem.
