Aave Seeks to Abandon Low-Return Blockchain Networks

Aave, a decentralized lending protocol, is proposing to drop support for six blockchain networks that generate minimal revenue. The move aims to optimize the platform's resources and focus on more profitable chains.

The six blockchains in question are Solana (SOL), Polkadot (DOT), Cosmos (ATOM), NEAR Protocol (NEAR), Huobi ECO Chain (HTC), and Fantom (FTM). According to Aave, these networks account for only 1% of the protocol's total revenue.

Aave's proposal comes as a way to address the low returns on investment in these blockchain networks. The platform is seeking to redirect its resources towards more profitable chains, which will allow it to improve its services and expand its user base.