Harmony is proposing to deploy Aave v2 on the Harmony blockchain to expand lending to a growing community of users and provide incentives to bootstrap the launch of Aave to a new ecosystem.
Harmony will provide $5M USD in ONE tokens in incentives in the form of native ONE tokens for 1 year to bootstrap initial usage with the following emission schedule:
Months 1-3: 40%
Months 4-6: 30%
Months 7-9: 20%
Months 10-12: 10%