


TechFlame, July 21. According to The Block, Aave DAO recently passed an AFRC vote to approve the Kraken-supported Ink Foundation with a high approval rating of 99.8% to launch a white label loan agreement using the Aave V3 codebase. Under the agreement, Ink Foundation will receive six months of technical support from Aave DAO and provide Aave with a revenue share of no less than 5% of the loan amount. In exchange, Ink Foundation promised not to cooperate with other loan agreements for 12 months after deployment, and plans
to attract more than $250 million in initial liquidity through liquidity mining projects.