EtherFi proposes Aave V4 whitelabel deployment on OP Mainnet for EtherFi Cash

The Temp Check outlines a July 2026 target, a 20% reserve factor revenue share for Aave, and up to $175 million in assets at launch if governance support advances.

OP
AAVE

Summary

EtherFi has filed a Temp Check on the Aave governance forum to launch an EtherFi-operated dedicated Aave V4 whitelabel instance on OP Mainnet as the credit backend for EtherFi Cash. The plan would replace the current Debt Manager and give Aave 20% of reserve factor revenue, with as much as $175 million in assets potentially introduced at launch. If the proposal moves forward after at least five days of community feedback, the target deployment is July 2026. The move would deepen EtherFi Cash’s use of Aave’s lending infrastructure while shifting its credit stack onto a customized version of the protocol.

Terms & Concepts
  • Aave V4 whitelabel instance: A customized deployment of Aave’s lending protocol for a specific operator.
  • OP Mainnet: Optimism’s main blockchain network for Ethereum-compatible applications.
  • reserve factor revenue: Protocol income collected from borrower interest and allocated by set parameters.