The new proposal of the Aave community proposes to use part of the treasury’s stable currency to invest in RWA, initially investing $1 million in short-term U.S. bonds

Odaily Planet Daily News The Aave community recently launched a Temp Check proposal in the Governance Forum, proposing to allocate some of the stablecoins held by the Aave treasury to low-risk real world assets (RWA) investments through Centrifuge Prime. This would allow Aave to earn yield on slack stablecoins, build out the long-term RWA infrastructure for the protocol, and allow the Aave DAO to begin building internal familiarity and expertise in the market, the proposal said. According to the proposal, Aave will join Centrifuge Prime to establish the legal and technical infrastructure for the Aave treasury to invest in RWA; let the treasury allocate funds to RWA, initially invest 1 million USDC in short-term U.S. Treasury bonds, and increase the target allocation to stable currency holdings 20% of the amount, with the option to expand to other yields, subject to Aave governance approval.