World Liberty Financial’s (WLF) proposal is centered around deploying an Aave v3 instance that will support stablecoin liquidity for assets such as ethereum (ETH) and wrapped bitcoin (WBTC). According to WLF’s X thread, Aave’s strong track record and industry-leading security make it an ideal partner for expanding defi. WLF expects this initiative to bring significant new users to the Aave protocol, helping to bolster both liquidity and the overall user base. This move, the proposal’s author says, aligns with WLF’s mission to provide secure and accessible defi services, while also promoting over-collateralized borrowing and lending.
If approved, WLF’s Aave v3 instance will initially allow deposits in USDC, USDT, ETH, and WBTC. The proposal outlines a revenue-sharing agreement, with 20% of protocol fees going to Aave’s DAO, and Aave also receiving approximately 7% of the total supply of WLF’s governance token (WLFI). WLF envisions further expanding the project by incorporating assets that may not be compatible with the Ethereum mainnet, potentially increasing institutional investment. This partnership, the author insists, is expected to help maintain Aave’s leadership in digital asset lending and borrowing, with the WLF community playing a key role in shaping the platform’s future direction.
The next steps for the WLF proposal involve a multi-stage governance process. Upon reaching community consensus, the proposal will progress through various stages, including a snapshot vote, which will determine whether the initiative advances to an Aave Improvement Proposal (AIP) for final confirmation. According to a report written by Tim Copeland, editor-in-chief from The Block, World Liberty Financial (WLF) is aiming to secure $300 million at a unicorn valuation, as detailed in a roadmap reviewed by the journalist. Copeland explains that the governance token won’t be transferable for the first year, but holders will still be able to use it for voting on governance matters.
