Aave Labs proposed Horizon, an initiative to enhance institutional adoption of DeFi through real-world asset products, however, the proposal faced backlash from the community

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The firm recently proposed Horizon, which aims to integrate real-world assets into decentralized finance. A temperature check invited community feedback on Horizon’s RWA product launch that would target institutions.
One of Horizon’s core features is that it will allow institutions to use tokenized money market funds (MMFs) as collateral when borrowing stablecoins. It also has future plans to expand to other forms of RWAs and enhance institutional access to DeFi liquidity.