Aave News: v3 Licensing Snapshot, Add G-UNI to the AMM Market, Helsinki, aKIDNEY, and More
A recap of the Aave ecosystem, November 29th to December 5th 2021
For people staying warm in their ice ice Aave sweater, featuring coverage on Aave Weekly ⚡️ , Aave Grants DAO update 🏗 , State of the protocol 📰 , Ecosystem 🧉 , Governance ⚖️, Upcoming events 📆 , and Water cooler 🆒
Aave Weekly ⚡️
The Aave Weekly Newsletter brings readers insights on protocol liquidity, income and other performance metrics.
The Aave Protocol closes week 49 of 2021 with $24.0 billion of liquidity:
43.3% Utilisation, generating $9.2m of estimated interest for depositors
$222m of Flash Loan volume, generating $194k of fees for depositors
$84.3m liquidated, generating $6.0m of fees to liquidators
$734k for the ecosystem collectors now holding $35.5m
$16.2m generated by the protocol this week
With an additional $2.0m $StkAAVE, $2.7m $WMATIC & $2.7m $WAVAX distributed
*at the weekly close price
**Polygon figures are approximated due to the Graph data being out of sync
Protocol Liquidity
Protocol Usage
Safety Module
You can download the Aave Weekly pdf from the governance forum.
Aave Grants DAO update 🏗
Join us this Tuesday for the sixth Aave Grants community call at 4pm UTC, featuring updates from Aave Grants, the @AaveAave core team, @HAL_Team, @Entropyfi, @GetLinen, @JellyFi_Eth, and @atlantis0x
Read our update and renewal proposal for Aave Grants! Expanding the program allows us to fund larger community grants, support non-developer grants, and decentralize the grants process. Join the discussion and respond if you’re interested in becoming a grant reviewer!
State of the protocol 📰
Emilio details the 20-30% gas savings that will come with Aave v3
The Snapshot vote is live to determine what license the community supports launching V3 under: a Business License, MIT license, or (A)GPL license ⚡️
Gelato's proposal to Make the AMM Market Great Again by adding G-UNI pairs is live on the governance portal
Ecosystem 🧉
Join the waitlist for Linen's multi-sig wallet on Polygon and win up to $25k in prizes
Learn about the success of Entropyfi's Aavegotchi campaign and join their $ERP mining pools if you're a $GHST or Aavehotchi NFT holders 👻
Answer elite level bounties and earn up to 4.29 AAVE with Flipside
Learn about Sacred coming to Polygon
Dive into the new features that are coming with YOLO V2 from Symphony Finance including MEV and race condition prevention, and native token support
Some folks from the @AaveAave team were in Helsinki for Slush HQ where Stani chatted about his background, Aave, DeFi, community ownership, DAOs, UBI, and more - watch a replay of the talk with Ela Madej
@annmehr and @Offerijns from Centrifuge joined us for an AMA along with @The3D_ to chat about the Real World Assets Market that is coming to Aave. If you want to learn more, join the Centrifuge community call on December 7th!
Governance ⚖️
On-chain votes:
Add G-UNI to Aave V2 AMM Market | Governance discussion | 🗳 Voting is live until December 9th | A proposal to add Gelato’s G-UNI DAI/USDC and G-UNI USDC/USDT pools as collateral to Aave’s AMM market
Q2 Dynamic Risk Parameters | Governance discussion | ✅ Passed | Gauntlet will continue to provide dynamic risk parameterization and act as a risk manager through December 3rd, 2022
Snapshot votes:
Under what license the have protocol should be released? | Governance discussion | 🗳 Voting is live until December 9th | Have your say on whether Aave V3 should be released under a Business License, MIT license, or (A)GPL license
Appoint Securitize as a Whitelister to Aave Arc | Governance discussion | 🗳 Voting is live until December 13th
ARC: Bring AMPL to Avalanche Market | Governance discussion | 🗳 Voting is live December 7th to 10th
Upcoming Events 📆
Aave Grants Community Call 6 - December 7 @ 4pm UTC
DefiCon - December 18 - 19, 2022 - featuring @0xJim on a panel discussing 'Platforms: Getting Developers to Switch & Innovate'
ETHDenver - February 11 - 20, 2022
Stani will be speaking at Permissionless (May 17 - 19, 2022) and CFC St. Moritz (January 12 - 14, 2022)
Water cooler 🆒
WEN aKIDNEY?
