Aave proposes custodied collateral lending with Anchorage and Chainlink
- —Institutions will be able to borrow stablecoins against collateral held at Anchorage
- —Collateral synchronization is provided by Chainlink infrastructure
- —The mechanism operates on the basis of Aave V4
- —The proposal has been put to a governance vote
Why it matters: The initiative could open DeFi lending to institutions and set a standard for similar products among competitors.
Source: Coinfomania