Aave is currently assessing the community's interest in deploying Spiderchain on the Bitcoin L2 network

ChainCatcher news, according to Coindesk, the lending protocol Aave is seeking community feedback to gauge interest in deploying Spiderchain on the Bitcoin L2 network.

The driving force behind the protocol, the Aave-Chain Initiative (ACI), has released a discussion draft to solicit opinions on a proposal from Spiderchain developer Botanix Labs, aimed at expanding the scale of lenders and locking in over $17 billion in total value within the emerging Bitcoin DeFi environment.

After collecting feedback, the protocol will need to identify and mitigate potential security risks. ACI has not provided a timeline for this process.