TokenLogic
@Token_Logic
We provide Capital Management Solutions for Institutions and DeFi Protocols.
Joined January 2023
44 Following 3.9K Followers
Aave is becoming the credit layer for crypto neobanks.
EtherFi Cash moved onto a dedicated Aave V4 instance on @Optimism last week and it already holds $140M in user deposits, with $100M+ of that being EtherFi's own tokens.
✦ For @Ether_Fi, V4 replaces a bespoke lending engine
✦ For @aave, the deal is 20% of instance revenue for 2 years
EtherFi is targeting roughly $500M by the end of 2026.
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