Aave Labs proposes to launch Uniswap V4 position manager to Uniswap DAO

Foresight News reported that Aave Labs has tweeted that it is proposing to launch the Uniswap V4 position manager for Uniswap DAO. The proposal will use Hooks mechanism to allow users to use Uniswap V4's liquidity offering (LP) positions as collateral to lend out GHO, while establishing a revenue sharing model for both DAOs. The position manager will be responsible for verifying collateral, enforcing lending limits, and enabling lending functions; Initially supporting GHO, with the release of Aave V4 in the future, more assets will be supported.