Aave Protocol (AAVE) publishes unique AMM Liquidity Pool, Uniswap (UNI) and Balancer (BAL) tokens on board

Vladislav Sopov

Leading decentralized financial ecosystem Aave Protocol (AAVE) has integrated its first external liquidity pool tokens from Uniswap and Balancer


  • “The Multi-Market Approach”: Exploring New Frontiers
  • Further protocols will follow

Aave Protocol (AAVE), one of the most advanced DeFi ecosystems, has released its AMM market, which enables the seamless integration of LP tokens from other protocols. Balancer (BAL) and Uniswap (UNI) are the pioneers of the new instrument.

“The Multi-Market Approach”: Exploring New Frontiers

According to the official announcement by Marc Zeller from Aave, the AMM Market protocol started. With this model, users can secure liquidity provider tokens of various protocols. The first version supports LP assets from Uniswap (UNI) and Balancer (BAL) with this functionality.

Aave Protocols launches AMM marketImage via Twitter

Liquidity provider tokens (“LP tokens”) represent a kind of reward for providing liquidity to DeFi ecosystems. For example, “Yield Farmers” from Balancer (BAL) and Uniswap (UNI) from the Aave Protocol (AAVE) can issue rewards benefit from their “native” protocols.

The Aave protocol (AAVE) now enables the collateralization of 14 Uniswap LP tokens, including DAI / USDC, DAI / WETH, WBTC / USDC and others, as well as Balancer’s WBTC / WETH and BAL / WETH tokens.

While securing these assets, Aave Protocol (AAVE) users can borrow DAI, USDC, ETH, wBTC, USDT and AMM-LP tokens.

Further protocols will follow

To ensure accurate pricing, the new system uses the performance of Chainlink’s decentralized oracle infrastructure (LINK). To this end, intelligent contracts were subjected to a technical audit by ConsenSys Diligence.

The AAVE (Aave Protocol) team is confident that many more protocols will be integrated into Aave’s AMM market. The final decision on this type of integration rests with the AAVE owners (“AAVE Governance”):

There are no Aave users and no AMM users in DeFi. There are only DeFi users.

As a result, any proposals to enable the collateralization of new assets with the support of community representatives should be presented to the Governance Forum.

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