Kraken will open the White-Label version of Aave on your own l2

Ink Foundation, an organization that supports Kraken L2 network, initiated the launch of a Castlemized Landing Protocol based on Aave V3.

In case of Tao Aave approval It will receive a new source of income and INK – ready infrastructure to launch a credit platform in its own network.

The proposal was supported by 99.8% of the vote participants.

The management of the new protocol will be centralized and will remain with the Ink Foundation. The release of the token is not provided.

During the first six months, Tao Aave service providers – including ACI and Chaos Labs – will support the project. Ink will then conclude with them a separate commercial agreement.

Tao Aave will receive at least 5% of the amount of borrowing on the new platform. At the same time, it will not be covered with AAVE insurance fund.

Ink Foundation undertook not to integrate other landscape protocols for at least 12 months.

To attract initial liquidity, the organization will allocate 4% of the future issue of token. It is estimated that it will help attract more than $ 250 million.

In addition, Tao Aave will motivate users because of Rebeates and encouragement in GHO and AAVE.

The cryptocredit segment ranks second among the Defi Llama Categories, bypassing the rest, cross-brushes and Dex.

TVL rating by categories. Source: defi llama.

In the leaders – AVL of $ 33.55 billion. The protocol operates in 17 networks, including Ethereum, Arbitrum, Avalanche, Base and Polygon.

Source: defi llama.

Recall that in June the total blocked value (TVL) in the protocols of cryptocredit reached a historical maximum – more than $ 55 billion. The figure exceeded the previous peaks of 2021, 2022 and late 2024.

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