A recap of the Aave ecosystem, November 29th to December 5th 2021
For peopleĀ staying warm in their ice ice Aave sweater, featuring coverage onĀ Aave Weekly ā”ļø , Aave Grants DAO update š , State of the protocol š° , Ecosystem š§ , Governance āļø, Upcoming events š ,Ā andĀ Water cooler š
Aave Weekly ā”ļø
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 distributedat 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 updateĀ š
- Join usĀ this Tuesday for the sixth Aave Grants community callĀ at 4pm UTC, featuring updates from Aave Grants, theĀ @AaveAaveĀ core team,Ā @HAL_Team,Ā @Entropyfi,Ā @GetLinen,Ā @JellyFi_Eth, andĀ @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.Ā Join the discussion and respond if youāre interested in becoming a grant reviewer!
State of the protocolĀ š°
- Emilio detailsĀ the 20-30% gas savings that will come with Aave v3
- TheĀ Snapshot vote is live to determine what license the community supports launching V3 under: a Business License, MIT license, or (A)GPL license ā”ļø
- Gelato's proposal toĀ Make the AMM Market Great Again by adding G-UNI pairs is live on the governance portal
EcosystemĀ š§
- Join the waitlist forĀ Linen's multi-sig wallet on Polygon and win up to $25k in prizes
- Learn about the success ofĀ Entropyfi's Aavegotchi campaign and join their $ERP mining poolsĀ if you're a $GHST or Aavehotchi NFT holders š»
- Answer elite level bounties andĀ earn up to 4.29 AAVE with Flipside
- Learn aboutĀ Sacred coming to Polygon
- Dive into theĀ new features that are coming with YOLO V2Ā 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 -Ā watch a replay of the talk with Ela Madej
- @annmehrĀ andĀ @OfferijnsĀ from Centrifuge joined us for an AMA along withĀ @The3D_Ā to chat about the Real World Assets Market that is coming to Aave. If you want to learn more, joinĀ the Centrifuge community call on December 7th!
GovernanceĀ āļø
On-chain votes:
- Add G-UNI to Aave V2 AMM MarketĀ |Ā Governance discussionĀ | š³Ā Voting is live until December 9th | A proposal to add Gelatoās G-UNI DAI/USDC and G-UNI USDC/USDT pools as collateral to Aaveās AMM market
- Q2 Dynamic Risk ParametersĀ |Ā Governance discussionĀ | ā 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?Ā |Ā Governance discussionĀ | š³Ā 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 ArcĀ |Ā Governance discussionĀ | š³Ā Voting is live until December 13th
- ARC: Bring AMPL to Avalanche MarketĀ |Ā Governance discussionĀ | š³Ā Voting is live December 7th to 10th
Upcoming Events š
- Aave Grants Community Call 6Ā - December 7 @ 4pm UTC
- DefiConĀ - December 18 - 19, 2022 - featuringĀ @0xJim on a panel discussing 'Platforms: Getting Developers to Switch & Innovate'
- ETHDenverĀ - February 11 - 20, 2022
- Stani will be speaking atĀ PermissionlessĀ (May 17 - 19, 2022) andĀ CFC St. MoritzĀ (January 12 - 14, 2022)
Water coolerĀ š
WEN aKIDNEY?