APIR 14: aMANA integration

Project presentation:

· Protocol: AAVE

· IBT requested (Name and ticker of the asset): Aave MANA (AMANA)

· IBT contract address : 0xa685a61171bb30d4072B338c80Cb7b2c865c873E

· Current TVL on the requested IBT: 56.10 M $

· Current TVL of the protocol: 11.171 B $

· Twitter/Discord

· Audits : OpenZeppelin, ABDK, Trail of Bits, Peckshield for round 1. On round 2 SigmaPrime

· Supported chains : Ethereum, Polygon, Avalanche, AMM, Fantom, Arbitrum, Aave Arc and Harmony

Simple summary:

This proposal aims to integrate Aave protocol to the 4nd winelisting event.
The specific IBT from this protocol I am proposing to integrate is Decentraland (MANA)

There already has an IPT of Aave on APwine. But this proposal aims to bring one from a totally different sector.

Everyone one even a tiny bit interested in the crypto sphere has heard about the metaverse. Decentraland is one of the leading actors in this sector. Bringing it to APWine will help to advertise APWine with a trending product. Moreover, it’s a brand new sector for APWine so it will help enlarge possibilities for APWine’s users.

On the Mana’s side on Aave, the current reward isn’t much so bringing the APWine yielding advantages will be very advantageous.

Aave began as ETHLend in 2017 but the Aave Protocol launched in 2020

Rationale:

· Supply liquidity to the pools

· Allocate additional rewards,

· The metaverse, if you’re a believer of it, has lot of potential. Even if its current state is still at its beginning, the future possibilities are infite.

Benefit of this integration for Aave protocol

· Additional yield opportunities for the community or the protocol treasury

· Increase the visibility of the project with cross marketing

· Increase the TVL of the MANA pool

Benefit of this integration for Apwine DAO

· Increase the tokenized TVL and the AMM TVL

· Associating yourself with a Metaverse project can lead to future partnership

· Diversify the yield possibilities for APWine community

· Increase the visibility of the project with cross marketing

· Better market efficiency if the project supply some initial liquidity

Metrics:

Global TVL : 11.171 B $

MANA : 37th on coinmarketcap and the first Metaverse project in capitalization

AAVE : 47th on coinmarketcap

Discord : more than 23,5 K members

Twitter : more than 452.1 K members

Linkedin : More than 25,6 K members

Community poll:

· Add AMANA to the winelisting vote

· Don’t add AMANA to the winelisting vote

2 Likes
Should we add aMana to the next winelisting vote ?
  • Yes
  • No
  • Abstain

0 voters

Hey @HenryJohn , thanks for this proposal ! :fire:

This IBT will be added in the next winelisting vote if the poll results are positive.