December 27, 2021 - Optimism Proposal, WorkFi, Holiday Risk Management, Social Media Platform, and More

A recap of the Aave ecosystem, December 20th to 26th 2021

For anyone who has their OOO set, featuring coverage on Aave Weekly ⚡️ , Risk 🔎, 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 52 of 2021 with $27.5 billion of liquidity:

  • 44.2% Utilisation, generating $10.9m of estimated interest for depositors
  • $53m of Flash Loan volume, generating $48k of fees for depositors
  • $420k liquidated, generating $27k of fees to liquidators
  • $985k for the ecosystem collectors now holding $38.9m
  • $12.0m generated by the protocol this week
  • With an additional $2.9m $StkAAVE, $4.8m $WMATIC & $3.2m $WAVAX distributedat the weekly close price

Protocol Liquidity


Protocol Usage


Safety Module


You can download the Aave Weekly pdf from the governance forum.

Risk 🔎

In case you haven’t seen it, check out the Aave Risk Dashboard by Gauntlet at gov.gauntlet.network/aave. The Gauntlet team is particularly keen on iterating on this dashboard for the community and would love feedback via this Google Form.

Risk Parameter Updates:

Details can be found in AIP 53

This week's set of parameter updates has been executed, including adjusting nine (9) total risk parameters across seven (7) Aave V2 assets including LTV, Liquidation Threshold, and Liquidation Bonus. In addition, Gauntlet froze the KNCL reserve to speed up the KNC migration, as well as eliminate the risk of keeping a less liquid deprecated asset on the platform. The passing of AIP 53 demonstrates strongly to the community that Aave continually manages risk, even during the holiday season.


State of the protocol 📰

Ecosystem 🧉

Governance ⚖️

On-chain votes:

Snapshot votes:

  • No new Snapshot votes this week 🎁

Other discussions:

Upcoming Events 📆

Which events should Aave Grants be at in 2022? Mega list of events here 🚨

Water cooler 🆒

Would you also follow Stani and Aave to a new social media platform? 🙋 Read Stani’s take on the benefits of building in Web3 and why a decentralized social graph is so exciting