Aave Protocol are looking to explore the scalability phase in the DeFi space thus ensuring decentralized finance back into everyone’s hands.

It is very well known that Aave was born in Ethereum L1.  The Aave community acknowledges that the EVM and the Ethereum Network is the center of gravity for DeFi.  The Ethereum Network Effect is very powerful according to Aave.

When it comes to DeFi being a public blockchain, it is all about supply and demand. If there is a high transaction fee on the network it is a sign that actors are ready to pay the market price to make use of the decentralized services. However, DeFi was meant to provide for a more sustainable and inclusive alternative to traditional finance.

It is important for DeFi to be available to everyone. It is not only the High Network individuals who will need access to the network, but everyone will need access to the DeFi services.  This means the transaction fees should be sustainable and affordable for all.

The scalability solutions on Ethereum like side chains, rollups, and Zero-knowledge based solutions are very difficult.  High-skilled developers will be able to make even the most complex technology appear easy to those who are not technically sound.

The Aave protocol are focused on making a multi-market approach and they will be implementing scalability solutions in New Frontiers.

Aave protocol is special because they avoid the “winners take all” scalability solution.  They think on behalf of everyone. Users can use the solution which they feel they are comfortable with. Aave are focusing on creating synergies with several other projects thus building synergies with several other DeFi projects making things work for all kinds of users who need it.

Replicating and deploying Ethereum L1 code is a very easy process. Aave are making use of the First Wave:  Sidechains with Polygons previously known as MATIC to help with scalability.  The good thing is that Aave Protocol are able to make use of the highest safety of their protocols as Polygon is powered by Chainlink.

Thus, they are looking to onboard new kinds of collaterals which will naturally fit in the network. With the launch of the Polygon Aave Market, assets like MATIC, USDC, USDT, DAI, WETH, AAVE, and WBTC are getting on boarded as new assets for use in the DeFi market.

A smart-contract bridge will also soon be facilitated to ensure those who are interested to explore this new frontier to be able to access and use it.