The Sonic blockchain, previously known as Fantom, has passed the initial stage of integrating Aave's third-generation lending protocol. A temperature check vote was conducted to gauge community support for the integration, which was successful. This will now proceed to the Aave Request for Comment stage for further feedback. Aave, the leading decentralized finance lending protocol, has a significant market share in the DeFi lending market. Launching on Sonic's layer-1 network will enable Sonic users to access on-chain credit lines and provide liquidity to other investors. Sonic's rebranding and its team of experienced builders, including Andre Cronje, are expected to streamline the deployment process. Additionally, Sonic's network is capable of processing 10,000 transactions per second and features fee monetization to attract web3 developers. Meanwhile, Aave is considering pulling its lending markets from Polygon due to concerns over a proposal that could expose Aave-native collateral to bad debt. The decision is aimed at safeguarding user security, according to Aave's founder and CEO, Stani Kulechov.



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