February 14, 2022 - Aave Grants at ETH Denver, Diving into Lens, CC7, and More

A recap of the Aave ecosystem, February 7th - 13th 2022

For anyone that is excited for Bleeding Edge at ETH Denver this Thursday, featuring: 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 7 of 2022 with $22.7 billion of liquidity:

  • 39.7% Utilisation, generating $5.8m of estimated interest for depositors
  • $58m of Flash Loan volume, generating $52k of fees for depositors
  • $2m liquidated, generating $113k of fees to liquidators
  • $685k for the ecosystem collectors now holding $43.4m
  • $6.6m generated by the protocol this week
  • With an additional $1.7m $StkAAVE, $293k $WMATIC & $2.6m $WAVAX distributed *at the weekly close price

Protocol Liquidity


Protocol Usage


Safety Module


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 this ARC

Gauntlet proposes adjusting eleven (11) total risk parameters across seven (7) Aave V2 assets including LTV, Liquidation Threshold, and Liquidation Bonus. This set of parameter updates seeks to maintain the overall risk tolerance of the protocol while making risk trade-offs between specific assets. As a heads up, Gauntlet will publish a blog post soon on our parameter recommendation methodology to provide more context to the community. Our parameter recommendations are driven by an optimization function that balances 3 core metrics: insolvencies, liquidations, and borrow usage. Our recommendations seek to optimize for this objective function. The community should use Gauntlet’s Risk Dashboard to better understand the updated parameter suggestions and general market risk in Aave V2.


State of the protocol 📰

Ecosystem 🧉

Governance ⚖️

On-chain votes:

  • No new votes this week 👻

Snapshot votes:

Other discussions from the forum:

Upcoming Events 📆

  • ETHDenver - on now until February 20th in Denver!
  • Bleeding Edge - An Aave Grants DAO x Alliance DAO Mini Summit on February 17th

Water cooler 🆒

Looking for alpha?