Aave Plans $250M MegaETH V3 Launch to Capture Early Liquidity Demand
Aave Labs proposes governance to put Aave V3 on MegaETH from launch, aiming to get in early on liquidity and borrowing demand.
Quick overview
- Aave Labs proposes to launch Aave V3 on the MegaETH network to capitalize on early liquidity and borrowing demand.
- The plan includes a diverse range of asset support and a scheme to distribute 30 million MegaETH points as incentives for users.
- Aave aims to establish itself as a key player in the MegaETH ecosystem, with governance set to finalize important operational details.
- The initiative is part of Aave's broader growth strategy, which includes ongoing innovations and preparations for future developments.
Aave Labs proposes governance to put Aave V3 on MegaETH from launch, aiming to get in early on liquidity and borrowing demand. Aiming to get a head start on day 1, the proposal sets out to establish Aave as a key player in the emerging MegaETH layer-2 network.
The revised plan rekindles a previous discussion and incorporates expert advice from Aave’s risk service providers to shape asset support and operational parameters. Aave Labs thinks that getting in early can help turn early network activity into something actually useful, bringing both lenders and borrowers in before the cash starts spreading across other platforms.
According to Aave, getting in ahead of the game is crucial to getting others to adopt and get involved with the protocol, ensuring it’s ready to rock the fast-growing MegaETH ecosystem from the off.
Asset Support and Incentive Structures
The plan they have for deploying V3 covers a wide range of assets, including:
- Bridged tokens – that’s BTC.b, ETH, USDM, wstETH, ezETH, rsETH, USDe, and sUSDe.
- Native tokens: MEGA, USDM-Y, RBT
Chainlink is finalizing its oracle support so that all prices are accurate at launch.
Aave Labs will also run a scheme to distribute 30 million MegaETH points as incentives for borrowing and lending. These points are earned through the Aave interface and redeemed on MegaETH every 2 months; only verified users who have completed KYC are eligible.
And they’ve also earmarked 6% of the MEGA tokens for a KPI-based reward thing – basically, they’re structured so that the long-term performance of the protocol is aligned with the growth of MegaETH. These tokens are unlocked only when Aave meets DAO-approved benchmarks.
Context and Strategic Implications
The proposal comes at a time when there is a lot of activity on MegaETH – in November, they had a pre-deposit program that started at $250 million but got blown out to $1 billion because of how popular it was – this highlights the network’s ability to cope with big loads and its layer-2 capabilities.
Meanwhile, Aave is still innovating – they’re working on their V4 roadmap, which includes some new ERC-4626-style vaults, and they’ve just rolled out a new savings app for retail users. Getting V3 on MegaETH is a key part of their growth strategy in 2026.
Stakeholders should bear in mind:
- First off, the block might let them get their hands on all the liquidity and borrowing demand at once.
- Incentives and KPI-aligned MEGA tokens will help to keep people coming back to the platform.
- Governance will finalize the details of token listings, oracle addresses, and risk parameters through snapshot votes and AIP approvals.
Aave hopes that getting in early on MegaETH will help them gain a solid foothold in the growing ecosystem and prepare for adoption across multiple blockchains.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Save