CoinVoice has recently learned that, according to The Block, Aave DAO recently approved the AFRC vote with a support rate of 99.8%, allowing the non-profit organization Ink Foundation to launch a white-label lending platform based on the Aave V3 codebase. The foundation is incubated by Kraken and is dedicated to developing the Ethereum Layer 2 project of the same name.

According to the resolution, Ink will be authorized to launch a rebranded centralized lending platform. After the platform's launch, Aave DAO's service providers will provide support for the first six months. In return, the DAO will receive profit shares from the new platform based on lending volume, with a proportion not lower than the equivalent of 5% of reserves.

In addition, Ink commits to not collaborating with other lending agreements within 12 months of the platform's deployment and will invest significant resources to promote the platform's development, including launching multiple liquidity mining programs aimed at attracting over $250 million in initial liquidity. [Original link]