Aave Labs proposed to the Uniswap DAO to launch the Uniswap V4 position manager.

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Foresight News reported that Aave Labs tweeted about proposing the launch of the Uniswap V4 position manager to the Uniswap DAO. This proposal will utilize the Hooks mechanism, allowing users to use Uniswap V4's Liquidity Provider (LP) positions as Collateral to borrow GHO, while establishing a revenue-sharing model for both DAOs. The position manager will be responsible for verifying the collateral, executing borrowing limits, and enabling lending functions; initially supporting GHO, and in the future, as Aave V4 is launched, it will support more assets.

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