Aave: HyperLend proposes an Aave V3 friendly fork on Elysium - 06 Nov 2026

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Aave: HyperLend proposes an Aave V3 friendly fork on Elysium - 06 Nov 2026

HyperLend submits a proposal to the Aave DAO on November 6, 2026, for an Aave V3 friendly fork on the Elysium L2. The proposed deployment allocates HyperLend's entire share of fees to HPL market buybacks.The buyback mechanism would connect HPL to a new market by using HyperLend's deployment fee share to fund token purchases. The proposal states no fee size, so it does not specify how much would fund those purchases.HyperLend is entering Elysium.Today HyperLend has submitted a proposal to the Aave DAO to deploy a further friendly fork of Aave V3 on the L2.HyperLend's share of fees from this proposed deployment will be used entirely to buyback HPL tokens from the market.…