Sentora Applies to Operate Aave V4 Independent Market, Initially Supporting RLUSD, PYUSD, and OUSD

Techub News reports that the Aave community has received a proposal from Sentora to operate an independently curated lending market on Aave V4. The initial market will be deployed on Ethereum, and the first batch will support lending of stablecoins such as RLUSD, PYUSD, and OUSD.

According to the proposal, Sentora will independently determine market parameters such as collateral assets, limits, and interest rate curves. Existing Aave risk service providers will not be responsible for monitoring this market. Sentora proposes allocating 50% of the protocol revenue (including reserve factor revenue and liquidation fees) to the Aave DAO, while the Aave DAO retains contract ownership and upgrade rights.

The proposal is currently in the community feedback stage and will need to be approved through Snapshot and on-chain governance voting. (WuBlockchain)