The Aptos Foundation has proposed the first deployment of Aave Protocol v3 on a non-EVM blockchain.
The Aptos Foundation has introduced a governance proposal that could broaden its blockchain capabilities.
According to a July 1 temperature check proposal, the foundation wants the Aave community’s input on introducing Aave Protocol v3 onto the Aptos mainnet. If the proposal moves forward and is approved, the deployment would mark the first time Aave’s open-source liquidity protocol has moved beyond Ethereum Virtual Machine (EVM)-compatible blockchains.
Aptos is a layer-1 blockchain specifically designed for scalability and user-friendly development of decentralized applications (DApps), and it is not an EVM-compatible blockchain. Instead, Aptos uses its own architecture and virtual machine, which is based on the Move programming language — originally developed by Facebook for its Libra (later Diem) blockchain. According to the protocol, it is capable of handling up to 30,000 transactions per second.