[Aave V3 Deployed on Monad] BlockBeats news, on July 3, Aave deployed its V3 lending protocol on Monad. The initial market supports a total of 12 assets, including USDT0, USDC, Aave stablecoin GHO, USDe, mUSD, AUSD, WETH, cbBTC, wstETH, weETH, syrupUSDC, and sUSDe. In this deployment, Aave has enabled Chainlink's Smart Value Recovery (SVR) mechanism from the outset, which allows a portion of MEV value generated during liquidations to be returned to the protocol. The Monad Foundation will allocate $15 million in incentive funds within the first 12 months after the project launch and has agreed to purchase 10 million GHO tokens, holding them for at least six months. Additionally, Aave DAO has committed 500,000 GHO tokens as incentives to support applications on Monad. [Original Link]