HyperLendHyperLend proposes Aave V3 fork on Elysium L2
HyperLend has submitted a proposal to the Aave DAO to deploy a further friendly fork of Aave V3 on the Elysium L2. The proposal was posted to the Aave governance forum, with HyperLend saying its share of fees from the deployment would be used entirely to buy back HPL tokens from the market.
- Marks HyperLend's expansion beyond Hyperliquid into Elysium, an L2 network.
- Fee-funded HPL buybacks add another token utility alongside the recently introduced rate-insurance role.
- Full proposal available in the Aave governance forum.
Sources
- HyperLend is entering Elysium. Today HyperLend has submitted a proposal to the Aave DAO to deploy a further friendly fork of Aave V3 on the @Enter_Elysium L2. HyperLend's share of fees from this proposed deployment will be used entirely to buyback HPL tokens from the market. https://t.co/gfizWiwssFx.com ↗
- Read the full Forum Proposal Here: https://t.co/LfLlPDwE1O Replying to their earlier post: HyperLend is entering Elysium. Today HyperLend has submitted a proposal to the Aave DAO to deploy a further friendly fork of Aave V3 on the @Enter_Elysium L2. HyperLend's share of fees from this pro…x.com ↗
HyperLend
