A governance proposal for Aave aims to cease deployments on six blockchain platforms: Sonic, Scroll, zkSync, Metis, Soneium, and Aptos. This decision is largely driven by the low revenue these chains generate for Aave.
As reported by CoinDesk, the proposal also includes the retirement of 50 asset markets on other platforms. The reasoning behind this move is attributed to the significant decline in deposits on some of these chains, with drops exceeding 90%.
Aave is a decentralized lending protocol that allows users to borrow and lend cryptocurrencies. This proposal reflects the protocol's effort to optimize its operations and focus on more profitable markets.