Aave Founder Hints at Potential Launch of a Dedicated Network

In recent social media activity on X, representatives from Aave have subtly hinted at the possibility of developing a dedicated network for the project.

Aave Founder Hints at Potential Launch of a Dedicated Network

In a recent series of tweets, Aave representative Marc Zeller shared some notable statistics related to the lending solution.

Specifically, Zeller noted that with a total value locked (TVL) of $20.5 billion, Aave would rank third (after Ethereum and Tron) if the project became its own "network layer."

This tweet was quickly retweeted by Aave founder Stani Kulechov, who hinted that this idea is not a joke and that an "Aave Network" has been planned for version V4.

Interestingly, the concept of the Aave Network had been mentioned in previous drafts of version V4. However, this "network" was initially understood to be a common liquidity aggregation layer rather than a completely separate blockchain solution like the current Layer-2 trend.

Nonetheless, the possibility of a dedicated blockchain network for Aave cannot be ruled out. When discussing a payment solution for the GHO stablecoin (a component of Aave's product suite), the project team used the term "Validium" – a potential development trend currently being explored by Layer-2 and Layer-3 projects.

Whatever the actual plan post-version V4 implementation, there are undeniable early signals of a trend towards separating into a Layer-2 among key DApps on Ethereum. Previously, the ENS domain solution also proposed building a Layer-2 network of its own.

Key Highlights:

• Marc Zeller's Tweet: Highlighted Aave's significant TVL, suggesting it would rank highly as its own network.
• Stani Kulechov's Retweet: Indicated that the idea of an "Aave Network" is being seriously considered.
• Aave Network Concept: Initially thought to be a liquidity aggregation layer, now hinting at a possible standalone blockchain.
• GHO Stablecoin: Discussions about using "Validium" suggest a potential dedicated blockchain for Aave.
• Trend of DApps: Emerging trend of key Ethereum DApps exploring their own Layer-2 solutions, with ENS also considering this approach.

These developments suggest a strategic move by Aave towards potentially enhancing its infrastructure and expanding its capabilities through a dedicated network layer.