Aave DAO Approves Incentives for Coinbase Tokenized Stocks on Base

Aave DAO approved incentives for the Coinbase Tokenized Stocks market on Base, adding incentives for eligible users outside the United States.

The incentives apply to Aave V4’s Equities Hub, where eligible users can supply tokenized shares as collateral and borrow USD Coin (USDC). The stock tokens themselves are not borrowable.

Seven companies are represented in the market: Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla. The corresponding assets are identified as AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc and TSLAc.

The Base deployment is an isolated lending market, keeping its liquidity and risk parameters separate from other Aave markets. The approval adds incentives to the existing market but does not change its geographic restrictions.

Coinbase tokenized stocks remain available only in jurisdictions outside the United States and to users who meet applicable eligibility requirements. The decision follows Aave V4’s launch of a tokenized-stock collateral market on Base.