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Aave founder to revive ETHLend: Relaunch in 2026, using native BTC as collateral
[BlockBeats] Aave’s founder Stani recently announced that they plan to revive the old project ETHLend in 2026. This time, the approach is a bit different—the Bitcoin collateral will use native BTC directly, without any of that wrapped token process.
Here’s a quick background: ETHLend is actually a relic, having been transformed into the current Aave back in 2018. Back then, it was a peer-to-peer lending application, which later evolved into the decentralized lending market we know today. Now, suddenly talking about a revival suggests they want to re-enter the Bitcoin lending space. Using native BTC as collateral is definitely interesting, since most protocols on the market currently require wrapping BTC before use.