The Aave community has voted to approve the "Add PYUSD to Aave V3 Ethereum Market" temperature check proposal

On January 11th, it was announced that the Aave community has voted in favor of the "Temperature Check Proposal to Add PYUSD to Aave V3 Ethereum Market" with a final support rate of 99.99%. The proposer, Trident, stated that integrating AAVE with PYUSD will help establish synergies with PayPal's stablecoin and strengthen the relationship between PYUSD and AAVE's decentralized multi-collateral stablecoin GHO. Trident, who is currently incentivizing the PYUSD/USDC liquidity pool on Curve, also mentioned in the governance proposal chat that they will provide $5-10 million worth of liquidity for PYUSD on AAVE from day one.