Aave V3 enhances the liquidity protocol, Enzyme supports deployment on Ethereum and Polygon

Author: Enzyme

Compiled by: ChainCatcher

Today, Enzyme is excited to announce Aave V3 support for liquidity pools, the latest version of the popular DeFi liquidity platform. Users can now take advantage of the enhanced features of the Aave V3 liquidity protocol on our Ethereum and Polygon deployments to earn attractive yields.

Aave V3 is the latest version of the Aave protocol, an innovative non-custodial liquidity protocol. Users can participate as suppliers, borrowers, or liquidators, earning interest on supplied assets and borrowing in an over-collateralized (or under-collateralized via flash loans) manner. Aave V3 enhances the core concepts of its protocol (aTokens, instant liquidity, stable rate borrowing, credit delegation, etc.) with exciting new risk mitigation and security features.

Some key features of Aave V3 include:

At Enzyme, we have been seeking to expand our DeFi integration space for asset managers. In this update, we are pleased to offer Aave V3 markets in our Ethereum and Polygon deployments.

By using Aave V3 to supply and borrow assets on Enzyme, vault managers can:

Initially, we will support supplying and borrowing the following assets on Mainnet and Polygon.

Tokens available on Mainnet will include:

Tokens available on Polygon will include:

To get started with Aave V3 on Enzyme, please follow these steps:

With Enzyme's v4 Sulu, managers can more easily create custom on-chain asset management strategies and access dozens of DeFi d'Apps, hundreds of assets, and Aave V3 on a simple, trustless, and efficient platform.