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Event ends: August 9, 16:00 UTC
More details: https://www
We reached an L2 saturation point:
Aave deployed on 16 chains, but the new deployments are operating at a loss (Soneium, Celo, Linea, zkSync, Scroll).
As a result, Aave is unlikely to deploy on Bob BTC L2, even though it passed the temp check vote.
Now, a proposal on the Curve forum suggests cutting all future or ongoing L2s.
Reason? They generate barely $1.5k USD in fees while costing the team financial and time resources.
Real tough time for undifferentiated L2s.