Foresight News reports that the Ink Foundation has initiated an ARFC proposal in the Aave community, suggesting the deployment of Aave 3 on Ink. This proposal differs from the deployment of Aave on other chains, stating that Ink will have a white-label version, managed centrally by the Ink Foundation, without the need for governance tokens. The name is yet to be determined, but it will carry the branding 'Powered by Aave'. The Ink Foundation commits to providing incentives, including liquidity mining, to bring in more than $250 million in supply. Initially, 4% of the 'future governance token' supply will be allocated for these incentives. The Ink Foundation will focus solely on on-chain lending for this and will avoid collaboration with other lending protocols for at least 12 months.