0xb347
March 15th, 2022

GM, Aave V3 ūüĎĽ

It's here! Say ‚Äúgm‚ÄĚ to the most powerful version of the Aave protocol to date: V3.

Now live, Aave V3 builds upon the foundational elements of the Aave Protocol (e.g., aTokens, instant liquidity, stable rate, etc.) with groundbreaking new features that span from increased capital efficiency to enhanced decentralization.

Dive into V3 now: https://aave.com

0xb347
January 27th, 2022

Aave V3 is Now Available on Seven Public Testnets

Recently,¬†Aave¬†Governance voted in favor of a¬†proposal¬†to¬†implement¬†V3 of the¬†Aave¬†Protocol, which¬†brings updates and¬†new features¬†to the¬†Aave¬†smart contracts. Today,¬†Aave¬†V3 has been deployed¬†across¬†seven testnets¬†and is available¬†to try¬†here!¬†ūü•≥

Aave V3 is the result of continuous iteration, community feedback, and ecosystem growth. V3 builds upon the strong foundational elements of the Aave Protocol (e.g., aTokens, instant liquidity, stable rate borrowing, etc.) while introducing exciting improvements such as increased security and further enhanced decentralization.

The latest¬†features, such as Portal, create new use cases and opportunities for innovation from the community.¬†Now is the time for¬†builders, developers, teams,¬†and community members¬†to¬†start¬†testing¬†V3,¬†and¬†integrating and further¬†expanding¬†the¬†Aave¬†ecosystem!¬†¬†ūüĎĽ

0xb347
November 18th, 2021

Background

Since its launch in January 2020, the¬†Aave¬†Protocol‚ÄĒan open source, decentralized, non-custodial liquidity protocol‚ÄĒhas¬†experienced¬†exponential growth¬†with peak liquidity reaching¬†over¬†USD¬†30¬†billion,¬†and¬†total¬†active users¬†totaling¬†nearly¬†one¬†million.

As¬†demand for decentralized finance¬†(‚ÄúDeFi‚ÄĚ) has grown, so too has the interest from¬†traditional¬†financial institutions. Several¬†fintechs,¬†hedge funds, family offices,¬†and asset managers have¬†expressed interest in using¬†a version of¬†the¬†Aave¬†Protocol¬†that¬†meets¬†their internal requirements.

Additionally, financial institutions ranging from bulge bracket investment banks, endowments, mutual funds, pension funds and even central banks have reached out to learn how the Aave Protocol and, more broadly, how DeFi works.

0xb347
November 17th, 2021

We are a community of Web3 builders focused on fostering the creation and sustainable development of decentralized finance ūüĆé

The Aave Protocol is an open source and non-custodial liquidity protocol for earning yield on supplied cryptoassets and borrowing cryptographic assets against that collateral. 

To stay up to date check out our past musings here or follow us on Twitter! 

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