Aave announced a licensed DeFi platform for schools.

Decentralized financial platform Aave launched Aave Arc, a licensed DeFi lending platform, and cryptocurrency agent Fireblocks to become the first whitelisted Aave Arc.

The Arc Aave works the same as the Aave process, but integration can only be done with permission. Aave Arc will initially support 4 assets: ETH, WBTC, USDC and AAVE. Fireblocks acts as a platform for schools that lend or wish to borrow cryptocurrency from the platform.

Fireblocks co-founder and CEO Michael Shaulov said Aave Arc's announcement would allow the world's largest companies to join DeFi. Fireblocks integrates into DeFi using internationally accepted KYC and Dedication procedures in accordance with FATF guidelines.

Currently, Fireblocks has registered 30 free organizations that will join Aave Arc. These include SEBA Bank, Bluefire Capital, Celsius, CoinShares, GSR, Ribbit Capital, QCP Capital and Wintermute.

In the past, the mission of the Aave for the Aave Arc was to provide investors with a pool of direct access to decentralized companies. And due to the rules that apply when providing products to organizations, these liquid lakes are distinct from existing Aave lakes and require a large KYC.

Aave Arc reduces user risk by limiting the initial supply of assets. USDC is the only title provided by Aave Arc. USDC is a well-managed and well-established institution for schools through risk management.

In addition, the private pool of the Aave Arc may be different from the public pool of the Aave V2, and there will be a competition for those who will have access to the two pools behind the launches of the Aave Arc.

If Aave Arc terminates and other processes follow the pattern, centralized management can be further improved as the process outsources KYC policies to third parties in the support and is able to distribute business and product capital. sold.

Aave Arc aims to integrate homes into the DeFi ecosystem, but it's not the only product designed to adopt DeFi homes.

The most recent compound product, Compound Treasure, will also allow US dollar organizations to fund their savings in Compound Treasure, allowing them to earn 4% per year on the compound protocol.

Compared to the Aave Arc, the Compound Treasure goal allows businesses to make money without interfering with cryptocurrencies. Since the money is deposited in US dollars and interest is paid in US dollars, users only interact with funds in their bank account.

Aave Arc and Compound Treasure appear to be in direct competition, but they can be combined due to their different capabilities and adaptability to different clients. Aave Arc may be more appealing to expert crypto companies that are not directly involved in the smart contract process and are looking for APY deposits and / or direct loan research. . In contrast, compound treasury bills can be attractive to non-crypto financial companies looking for a fixed rate of return.