New Web Product
Aave Adds Bitcoin Collateral Integration
Aave has published an ARFC on their governance forum to propose native Bitcoin as collateral on Aave V4 through the Babylon Trustless Bitcoin Vaults (TBV) protocol. The proposal includes two new Aave V4 Spokes, the Babylon Spoke and the BTC Vault Swap Spoke, and lists native BTC as the sole collateral asset of the Babylon Spoke. The integration deploys the protocol on Ethereum, with adapter contracts representing BTCVaults as ERC-20 tokens for Aave V4's ERC-20 token collateral requirement.