Aave founder said on X that the referenced Bitcoin collateral was native BTC (not a wrapped asset) and added that ETHLend will be relaunched in 2026. ETHLend—Aave’s predecessor—began as a peer-to-peer lending app; amid liquidity and matching inefficiencies, the team restructured during the 2018 bear market, rebranding to Aave and shifting to a pooled-liquidity, multi-chain DeFi protocol.
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