Aave Integration Manager: sDAI has been listed on Aave, wETH borrowing rate is 2.29%

08/28 14:40

Marc Zeller, the integration lead of Aave, announced on X platform (formerly Twitter) that sDAI has been added to Aave. Zeller added, "Due to the new optimized interest rate curve, the wETH rate is the lowest among current blue-chip protocols, only 2.29%." Earlier, Marc Zeller submitted an ARFC proposal on the Aave governance forum to introduce sDAI as collateral into the Aave V3 Ethereum pool. According to the proposal, Aave can provide users with dual benefits of earning DSR income and using their assets as collateral. If approved, sDAI and DAI will both serve as reserve assets for the Aave V3 Ethereum pool, with sDAI primarily used as collateral and DAI as a borrowable asset.

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