The team behind Aave Protocol has proposed to deploy the Aave V3 on the StarkNet in order to provide its users with a faster and more reliable platform. StarkNet is planning to reach some major milestones, such as scalability, lower transaction costs and improved development experience in the near future. This proposal is not only supported by Aave's community, with the recent acceptance of a $200,000 request for development and audit expenses. It is also showing a lot of potential to be implemented in BNB Chain, as it recently was suggested to do such.

The Aave protocol is currently deployed on Ethereum Virtual Machine (EVM), however Starknet is not designed to be compatible with the EVM, thus requiring a complete rewrite which allows Cairo 1.0 as the platform. Another development, which had been recently approved by the Aave's community, involves the delisting of BUSD from the V2 market and is currently in the process of being executed through an Application Update Proposal.

StarkNet's technology is representing a huge potential for the Aave Ecosystem by not only providing an increase of its speed, but also with its low transaction costs and a better development experience. All this could allow a more efficient, reliable and faster platform for its users.

On-chain voting has been suggested to be the next step in the adoption of Aave V3 on StarkNet. This is seen as a way to give the users a way to interact with the platform, while at the same time allowing a level of control that is available in other systems.

Moreover, the Aave V3's potential is not only limited to StarkNet and it has also been suggested to carry out a deployment in BNB Chain. This implementation will give access to a wide range of different collateral, such as BNB, WBTC, BETH, WETH, USDC and USDT, should the users and Aave's community approve it.

The combination of both Aave V3 and StarkNet and its potential to BNB Chain can prove to be a great and powerful tool for users who are looking for a reliable, fast and efficient platform for their activities. The coming future of this technology should provide great experiences for users.



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