In order to offer developers an increased capacity and easier user experience when building decentralized applications (DApps), an open-source decentralized finance (DeFi) protocol Aave (AAVE) is forming a partnership with Pocket Network, a decentralized Web3 infrastructure provider.
To power decentralized applications, Pocket’s distributed network of 44,000 or more nodes will be utilized by Aave to access on-chain data from various blockchains, according to the statement on Tuesday.
With this new integration, the developers may now access blockchain data from Pocket Network on the fly with their Aave-powered DApps.
CEO of Pocket Network Michael O’Rourke remarked that the goal is to power the next wave of decentralized apps that combine Aave’s top-notch liquidity market with their powerful Remote Procedure Calls (RPCs) coverage that supports 50 blockchains, which is halfway there in achieving the goal of 100 blockchains in 2022.
Thanks to Aave Grants DAO, they are able to contribute a sum for the purchase of the required Pocket Network’s native token POKT for Aave’s frontend traffic.
Aave currently uses several RPCs from different infrastructure providers in order to meet the demands. However, the inconsistent reliability of these solutions can deteriorate the overall user experience and can become occasionally unruly.
The intention of Pocket Network’s new connection is to mitigate said issues, with Pocket Network offering a more stable and stronger infrastructure solution for decentralized applications.
Aave Protocol is currently ranked third when it comes to the total value locked (TVL), with a current price of $95.91 and $6.1 billion worth of TVL — according to analytical data provided by Defi Llama.
Ethereum (ETH) and Polygon (MATIC) are primary acquisitions of Aave’s liquidity and a larger part of its operations span across several blockchains.
