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November 15, 2021 - Aave is Multi Chain, New Liquidity Mining Proposal, & Multi Token Liquidity Incentives

A recap of the Aave ecosystem, November 8th to November 14th 2021

A newsletter to drink your coffee with, featuring coverage on Aave Weekly ⚡️Risk 🔎 , 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 46 of 2021 with $27.6 billion of liquidity:

  • 40.3% Utilisation, generating $10.8m of estimated interest for depositors
  • $339m of Flash Loan volume, generating $305k of fees for depositors
  • $2.5m liquidated, generating $145k of fees to liquidators
  • $1.3m for the ecosystem collectors now holding $33.6m
  • $12.5m generated by the protocol this week
  • With an additional $4.5m $StkAAVE, $3.0m $WMATIC & $6.6m $WAVAX distributed
    • at the weekly close price

Protocol Liquidity

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Protocol Usage

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Safety Module

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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.

Aave Grants DAO update 🏗

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State of the protocol 📰

Ecosystem 🧉

From grant recipients...

Governance ⚖️

On-chain votes:

Snapshot votes:

Other posts to watch:

Upcoming Events 📆

Water cooler 🆒

Multi token liquidity incentives. V3 will enable multiple assets to be rewarded as liquidity incentives giving Aave governance more flexibility, especially once your favourite rollups start releasing tokens 👀

Join the Aavengers: