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Clever Aave to Matic bridge keeps track of yields

CryptocurrencyJan 23, 2021 01:20AM ET
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Clever Aave to Matic bridge keeps track of yields

The first Aave-friendly Ethereum to Matic bridge has opened for business, allowing users to port Aave’s interest-bearing aTokens back and forth between the DeFi protocol and the faster, cheaper layer-two network.

The smart contract for the bridge was developed by Nick Mudge, Lead Solidity Developer of Aavegotchi. It differs from previous Ethereum to layer-two bridges as it interacts with the Aave protocol to keep track of interest being paid on aTokens locked up on the Ethereum side of the bridge.

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Clever Aave to Matic bridge keeps track of yields
 

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