Aave Labs proposes Uniswap V4 Position Manager to Uniswap DAO

Odaily News Aave Labs tweeted that it is proposing to Uniswap DAO to launch a Uniswap V4 Position Manager. The proposal will enable users to use Uniswap V4's liquidity provider (LP) position as collateral to borrow GHO through the Hooks mechanism, while establishing a revenue sharing model for the two DAOs. The position manager will be responsible for verifying collateral, enforcing lending limits, and enabling lending functions; it will initially support GHO, and will support more assets in the future as Aave V4 is launched.