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News Explorer — Aave Weighs Proposal to Support Coinbase's CbBTC Wrapped Bitcoin

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Sep 11, 7:00 pm
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Aave Weighs Proposal to Support Coinbase's CbBTC Wrapped Bitcoin

The Aave community is considering integrating Coinbase's cbBTC into its V3 protocol, sparking a debate about the future of DeFi and the balance between innovation and decentralization. The proposal aims to attract mainstream users to Aave and includes a $150,000 incentive package to bootstrap liquidity. However, the community has expressed mixed reactions, with concerns about centralization, market demand, security, and regulatory implications.

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