Odaily Planet Daily News Aave Integration Director Marc Zeller posted on the X platform (formerly Twitter) that sDAI has been launched on Aave. Zeller added that “due to the new optimized interest rate curve, the wETH interest rate is currently the lowest among blue-chip protocols at 2.29%”.
Earlier news, Marc Zeller released the ARFC proposal on introducing sDAI as a mortgage asset into the Aave V3 Ethereum pool on the Aave Governance Forum. According to the proposal, Aave can provide users with the dual benefits of simultaneously receiving DSR benefits and utilizing their assets as collateral. If the proposal is approved, both sDAI and DAI will be used as the reserve assets of the Aave V3 Ethereum pool, in which sDAI is mainly used as collateral, and DAI is used as a borrowable asset.