The Ethereum Layer 2 network Ink has launched a white label instance of Aave named Tydro to unlock decentralized lending functions.

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AAVE-0,76%

Odaily News A new Ethereum Layer 2 solution, Ink, incubated by Kraken and the Ink Foundation, is set to launch a cryptocurrency lending protocol named Tydro. This platform is a customized white label instance of Aave v3 and supports INK tokens. According to the Ink Foundation, this platform will serve as the core infrastructure for DeFi on Ink. Additionally, Kraken has announced plans to integrate Tydro into its core Centralized Exchange products, enabling customers to access DeFi opportunities more seamlessly. (The Block)

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