For anyone who has collected our most recent post on Lens, including: Spotlight 🔦 | Protocol 📰 | Ecosystem 🧉 | Risk 🔎 | Governance ⚖️ | Events 📆 | Hey Anon 👻
Spotlight: Tranzo 🔦
Introducing one of the latest Aave grantees: Tranzo, a tool that helps Aave users migrate their supply and borrow positions from one address to another using Flash Loans. Get access to their beta & share any feedback in the governance forum.
Protocol 📰
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Pause ETH borrowing. After a successful on-chain vote, ETH borrowing has been paused ahead of the Merge. The conversation now shifts to how it should be re-enabled after the Merge - read Gauntlet’s thoughts here.
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Retroactive funding for v3. The on-chain vote to retroactively fund Aave Companies for developing v3 is live for voting. It looks like it will easily pass with over 657.14k current votes in favour.
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Financial reports. Llama shared their August financial reports including a deep dive into revenue generated from the ETH reserve and other comprehensive metrics.
Ecosystem 🧉
- Messari shared their first weekly report that outlines key analytics and insights from the Aave ecosystem.
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ETHOnline is live! Good luck to all the hackers. Check out @DeFiSpartan discuss the next frontier for DeFi and the Aave protocol including an overview of Aave Grants’ bounties ($20k in total prizes 💰👀), resources & tips on how you can start hacking on Aave right away and win a prize.
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Gauntlet launched an Analytics Dashboard for Aave that highlights key stats including the largest borrow positions, liquidations by asset and more.
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Chaos Labs released their Aave v3 Risk Application. Features include liquidations, wallet aggregation, and risk explorer.
Risk 🔎
Pause ETH Borrowing:
Details can be found in this AIP
AIP-97 has been passed and queued. Ahead of the Ethereum Merge, the Aave protocol faces the risk of high utilization in the ETH market. Temporarily pausing ETH borrowing will mitigate this risk of high utilization.
Gauntlet has also posted a post-Merge plan to re-enable ETH borrowing here.
Analytics Dashboards:
Dashboard can be found here
Gauntlet has launched the Analytics Dashboard to provide the community with greater insight into key protocol metrics. The dashboard provides statistics on supply, borrow, usage, liquidations, and debt repayment. These analytics dashboards are in addition to Gauntlet’s existing Aave Risk Dashboard.
In addition, Gauntlet has published Dashboard FAQs to provide the community with more resources to understand Aave’s market risk.
Governance ⚖️
On-chain votes:
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V3 Retroactive Funding | Governance discussion | 🗳 Vote until September 8th
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Add stMATIC to Aave v3 pool on Polygon | Governance discussion | 🗳 Vote until September 9th
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Pause ETH Borrowing | Governance discussion | ✅
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FEI Risk Parameter Updates for Ethereum Aave v2 Market | Governance discussion | ✅
Snapshot votes:
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[ARC] Increase Supply Cap of sUSD on v3 Optimism to 35m (Fast-track)| Governance discussion | ✅
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Add agEUR to Aave V3 on Optimism and Arbitrum | Governance discussion | ✅
Other discussions from the forum:
Events 📆
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Aave Community Call 👻 - September 8th
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ETH Online 📠 - September 2 – 30
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Kyiv Tech Summit 🇺🇦 - September 6 – 9
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DAS: LONDON 🇬🇧 - October 17 – 18
Hey Anon 👻
Do you understand the ETH borrowing pause?