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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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#DEFI Original author: Weilin, PANews
AAVE, which has always been sought after by the community, has recently sparked an unprecedented wave of skepticism in the community.
Aave Labs recently launched a new initiative called Horizon to develop a product that enables institutional adoption of decentralized finance through real-world asset (RWA), a RWA product that allows institutions to borrow USDC and GHO at scale using tokenized money market funds (MMFs) as collateral. With this product, Aave Labs hopes to further bridge the gap between traditional finance and DeFi.
However, in the days following the proposal's release, there was strong opposition from the community to the Horizon plan, especially questions about the potential issuance of new tokens and Horizon's profit-sharing mechanism.
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