Aave Community Supports Implementation of 'Staked aTokens' and Addition of Balancer BPT as Collateral

Aave community has voted to approve the proposal regarding the implementation of a new aToken primitive called "Staked aTokens", and the addition of Balancer BPT (Balancer Pool Tokens) as collateral. 99.99% of the voting power chose to support the proposal.

The proposal was released by Aave Companies. It aims to introduce "Staked aTokens", which will allow Aave to participate in Vote-Escrowed economies. Staked aTokens will allow for the use of LP tokens from ve-based protocols, like Balancer or Curve, as collateral while participating in those protocols' ecosystems. LP tokens are locked at their corresponding gauges, producing increased rewards that are distributed to LP token suppliers to Aave. The proposal also suggests Aave to integrate with Balancer first, and to accept BPT as collateral.

After approval, Aave Companies will release a proposal in the Balancer community to be allowed by BalancerDAO.