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Aave DAO is considering scaling back its "multi-chain strategy" and gradually phasing out zkSync, Metis, and Soneium instances.

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[Aave DAO considers scaling back its “multi-chain strategy” and gradually phasing out zkSync, Metis, and Soneium instances] “Aave currently maintains multiple V3 instances, each of which incurs operational costs and carries risk exposure. It is believed that the income generated by several of these instances is insufficient to offset the costs and risks they entail,” a representative from the Aave Chan Initiative stated during the “Temp Check” consultation in late November. Although this has not yet entered the formal governance process, this heated discussion may indicate a strategic shift for the largest decentralized lending protocol, which has historically adhered to the principle of “maximizing coverage” in its deployment of new blockchains. Aave was launched in 2018 and is currently the largest decentralized lending protocol in the world. According to data from The Block, its outstanding debt on the Ethereum network accounts for over 81%. The project is currently deployed on at least 18 blockchains, including numerous Ethereum Layer 2 networks, as well as alternative Layer 1 networks such as Aptos and Sonic. Now, as the main representative platform of Aave DAO, the Aave Chan Initiative (ACI) seems to intend to scale back some of this expansion and set stricter requirements for future deployments.

AAVE14.98%
ZK7.6%
METIS12.21%
ETH8.93%
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