EtherFi proposes deploying Aave V4 instances on OP mainnet

EtherFi proposes to deploy a dedicated Aave V4 instance on the OP mainnet to support EtherFi Cash, which includes $175 million in startup capital, GHO integration, and a 20% revenue sharing payment to the Aave DAO. Aave founder Stani stated that EtherFi is committed to building reliable end-user products. According to the proposal, Aave V4 will replace existing technology and provide EtherFi users with more flexible and large-scale direct lending services, with infrastructure owned and managed by EtherFi.