Aave News: Aave Deployed on Avalanche Network, Grants Summit, Arc, & Risk DAO
A recap of the Aave ecosystem, September 27th to October 3rd 2021
Grab a comfy seat and get ready to indulge in the best from the past week in Aave, including highlights from Aave Weekly ⚡️, Aave Grants DAO update 🏗 , State of the protocol 📰 , Ecosystem 🧉 , Governance ⚖️, Mark your calendar 📆 , and Water cooler 🆒
Bring on the rush. The wait is over, Aave has been deployed on the Avalanche network 🥳 Toggle to the new market from the Aave app.
Aave Weekly ⚡️
The Aave Weekly Newsletter brings readers insights on protocol liquidity, income and other performance metrics.
The Aave Protocol closes week 40 of 2021 with $24.0 billion of liquidity:
40.0% Utilisation, generating $9.0m of estimated interest for depositors
$252.1m of Flash Loan volume, generating $225k of fees for depositors
$540k liquidated, generating $28k of fees to liquidators
$1.0m for the ecosystem collectors now holding $23.2m
$10.2m generated by the protocol this week
With an additional $4.8m $StkAAVE & $2.2m $WMATIC distributed
*at the weekly close price
Protocol Liquidity
Protocol Usage
Safety Module
You can download the Aave Weekly pdf from the governance forum.
Aave Grants DAO update 🏗
Aave Grants DAO Summit. On September 30th, we teamed up with @ETHGlobal for a showcase of Aave Grants DAO. Thank you to all attendees, speakers, and the team from ETHGlobal. If you missed it, rewatch:
Welcome remarks from @TheRealKartik and @StaniKulechov
A panel on DeFi Grants with Boris Stanic, @lmrankhan, Stani and @rleshner
An in-depth look at the the impact and future of Aave Grants DAO with @HelloShreyas
An overview from six teams building in the ecosystem: @gelatonetwork, @OmniAnalytics, @voteWithTally, @defialliance, @llamacommunity_, and @rabbithole_gg
A conversation on how to successfully receive a grant from Aave with Shreyas and Imran
Community Call 5. The fifth Aave Grants Community Call is coming up on October 11th at 4pm UTC on Twitter Spaces. Please mark your calendar and comment with any requests for speakers.
State of the protocol 📰
Bang Bang. The week started off with a bang as @jessica_sit joined Aave (Stani's new recruiting role is paying dividends 💪) and @FireblocksHQ shared a proposal to become whitelisted for Aave Arc. Boardroom provides a concise overview of what Aave Arc is and what it means for Aave. Although the proposal reached crypto media headlines, it drew its share of criticism and sparked some interesting conversations.
Ecosystem 🧉
New guardians are here. The vote to elect new guardians concluded last week. Congrats to @Arthur_0x, @coderdannn, @GallowayGavilan, @isakivlighan, @0xMaki, @hilmarxo, @Melt_Dem, @corbpage, @lmrankhan, and @DennisonBertram. Thank you for stepping up to serve the protocol. This community elected group allows new markets to be deployed securely. After a bootstrapping phase, the community guardians will then release the keys to Aave Governance.
Other things from the Aave ecosystem:
More details emerged around the Aave Risk DAO including a list of initial contributors, budget, and a payout mechanism - see more details below in the accompanying Snapshot vote
Watch Stani discuss Avalanche and Aave's deployment with @0xmurloc, @luigidemeo, @kyledineen, and @jayks17
Maximize your capital efficiency and try out Symphony Finance's yield generating limit orders now on Polygon
Earn up to 1.56 $AAVE by tackling new questions from Flipside Crypto
Governance ⚖️
On-chain votes:
No new AIPs this week
Snapshot votes:
Add Fireblocks as a whitelister on Aave Arc | Governance discussion | ✅ Yes 149.2k AAVE (98.33%) & ❌ No 2.54k AAVE (1.67%)
Should 13 total risk parameters across 9 Aave V2 assets be adjusted? | Governance discussion | ✅ Yes 14.45k AAVE (98.96%) & ❌ No 151.27 AAVE (1.04%)
Aave Risk DAO | Governance discussion | ✅ Yes 5.44k AAVE (94.03%), 🟦 Abstain 345.33 AAVE (5.97%) & ❌ No 0.02 AAVE (0%)
Mark your calendar 📆
LDNrAAVE - October 8
Aave Grants DAO Community Call Five - October 11
Stani will be speaking at:
Token2049 London - October 7 to 8
ETH Lisbon - October 22 to 24 → featuring rAAVE^2 on October 24
Permissionless - May 17 to 19, 2022
Water cooler 🆒
Gas optimizations. Is this a glimpse into the new version of Aave?
Become involved with Aave Grants:
Browse RFPs: https://aavegrants.org/Request-for-Proposals-160203ba5d1746daae31588924a6680a
Chat with the community on Telegram: https://t.me/aavegrantsdao
Join the governance forum: https://governance.aave.com
Learn more about Aave Grants: https://www.notion.so/Aave-Grants-DAO-78c88565fd15450fb13f79a5903c0d5d
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