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    WebsCrypto—News—Ethereum News—The Cooperation Between Aave and Starkware Will Allow Users to Deposit and Withdraw Funds Directly on the Ethereum Mainnet Through Starknet
    Ethereum News

    The Cooperation Between Aave and Starkware Will Allow Users to Deposit and Withdraw Funds Directly on the Ethereum Mainnet Through Starknet

    By WebsCryptoFebruary 18, 2022
    The Cooperation Between Aave and Starkware Will Allow Users to Deposit and Withdraw Funds Directly on the Ethereum Mainnet Through Starknet
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    According to Snapshot data, Aave and Starkware’s first-phase cooperation proposal was voted through today with 100% approval.

    Starkware will boost Starknet’s user base by providing the Aave facility, for which the two parties will jointly fund approximately $385,000 and develop within 2-3 months.

    According to reports, in the first phase of the cooperation, the two parties plan to create some kind of pool model, allowing people to deposit and withdraw money from the Aave Ethereum mainnet without touching Ethereum and its high gas costs, such as users only need to be on Starknet Buy aToken equivalents to make deposits on the Aave Ethereum mainnet.

    DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
    Ethereum
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