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Aave DAO · closed proposal

[ARFC] Deploy Aave Protocol on Monad

0x2cc1…4Df1·ended 1mo ago·Discussion ↗·MEDIUM RISK
🐳 Whale activity
Voters
71
AAVE voted
348.88K
≈$31.68M
Token price
$90.81

AI summary

This proposal suggests deploying Aave Protocol's latest version (v3.7) on the Monad Network. Monad is a new blockchain designed for high-speed transactions, which the proposal argues makes it suitable for financial applications. The goal is to establish Aave as a core lending and borrowing platform within the Monad ecosystem, attracting new users and capital.

Impact

If passed, Aave will expand its reach to a new blockchain, potentially increasing its user base and the utility of its stablecoin, GHO. The Monad Foundation will provide $15 million in incentives and acquire 10 million GHO, while the Aave DAO will contribute 0.5 million GHO (approximately $500,000) for incentives. This could benefit Aave by growing its ecosystem, but it also involves a significant treasury allocation from Aave DAO.

Read full proposal on Snapshot

Voting results

For348.87K (100.0%)
Against0 (0.0%)
Abstain2 (0.0%)
348.88K AAVE · ≈$31.68M · 71 votersblock 25337058

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

9 votes > 5% VP
0x2cc1…4df1
1mo ago · voted For
51.1%
88.42K VP
≈$8.03M
0x8b37…2a22
1mo ago · voted For
25.1%
76.10K VP
≈$6.91M
0xb933…8dd1
1mo ago · voted For
100.0%
53.97K VP
≈$4.90M
0x388c…70cc
1mo ago · voted For
12.9%
45.14K VP
≈$4.10M
0xecc2…6ac9
1mo ago · voted For
12.9%
29.31K VP
≈$2.66M
0x3676…574d
1mo ago · voted For
11.0%
25.00K VP
≈$2.27M
0xc0d6…b802
1mo ago · voted For
23.8%
20.19K VP
≈$1.83M
0x0703…961b
1mo ago · voted For
15.6%
10.00K VP
≈$908.1K
0x1f82…67e1
1mo ago · voted For
100.0%
0 VP

Full proposal

Original markdown · Aave DAO

title: [ARFC] Deploy Aave Protocol on Monad
Author: @Tokenlogic
Created: 2026-05-19
Updated: 2026-06-17 with Risk Service Provider feedback


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Summary

This ARFC proposes deploying Aave Protocol v3.7 on the Monad Network.

Motivation

Monad’s pipelined EVM architecture delivers fast, high-throughput performance while remaining fully compatible with Ethereum, making it ideal for real-time financial applications. This directly supports the needs of neo…

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