DeFi platform Aave launches version 3v

Aave, one of the largest lending platforms in decentralized finance (DeFi) announced the launch of Aave v3 across six different blockchains including Polygon, Fantom, Avalanche, Arbitrum, Optimism and Harmony.

According to Aave founder Stani Kulechov, v3 will feature a range of new functionalities and mechanisms designed to improve user experience, risk management and capital efficiency.