October 4, 2021 - Aave Deployed on Avalanche Network, Grants Summit, Arc, & Risk DAO

A recap of the Aave ecosystem, September 27th to October 3rd 2021

Grab a comfy seat and get ready to indulge in the best from the past week in Aave, including highlights from Aave Weekly ⚡️Aave Grants DAO update 🏗 , State of the protocol 📰 , Ecosystem 🧉 , Governance ⚖️, Mark your calendar 📆 , and Water cooler 🆒

Bring on the rush. The wait is over, Aave has been deployed on the Avalanche network 🥳 Toggle to the new market from the Aave app.


Aave Weekly ⚡️

The Aave Weekly Newsletter brings readers insights on protocol liquidity, income and other performance metrics.

The Aave Protocol closes week 40 of 2021 with $24.0 billion of liquidity:

  • 40.0% Utilisation, generating $9.0m of estimated interest for depositors
  • $252.1m of Flash Loan volume, generating $225k of fees for depositors
  • $540k liquidated, generating $28k of fees to liquidators
  • $1.0m for the ecosystem collectors now holding $23.2m
  • $10.2m generated by the protocol this week
  • With an additional $4.8m $StkAAVE & $2.2m $WMATIC distributed
    • at the weekly close price

Protocol Liquidity


Protocol Usage


Safety Module


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

Aave Grants DAO update 🏗

Aave Grants DAO Summit. On September 30th, we teamed up with @ETHGlobal for a showcase of Aave Grants DAO. Thank you to all attendees, speakers, and the team from ETHGlobal. If you missed it, rewatch:

Community Call 5. The fifth Aave Grants Community Call is coming up on October 11th at 4pm UTC on Twitter Spaces. Please mark your calendar and comment with any requests for speakers.

State of the protocol 📰

Bang Bang. The week started off with a bang as @jessica_sit joined Aave (Stani's new recruiting role is paying dividends 💪) and @FireblocksHQ shared a proposal to become whitelisted for Aave Arc. Boardroom provides a concise overview of what Aave Arc is and what it means for Aave. Although the proposal reached crypto media headlines, it drew its share of criticism and sparked some interesting conversations.

Ecosystem 🧉

New guardians are here. The vote to elect new guardians concluded last week. Congrats to @Arthur_0x@coderdannn@GallowayGavilan@isakivlighan@0xMaki@hilmarxo@Melt_Dem@corbpage@lmrankhan, and @DennisonBertram. Thank you for stepping up to serve the protocol. This community elected group allows new markets to be deployed securely. After a bootstrapping phase, the community guardians will then release the keys to Aave Governance.

Other things from the Aave ecosystem:

Governance ⚖️

On-chain votes:

  • No new AIPs this week

Snapshot votes:

Mark your calendar 📆

LDNrAAVE - October 8

Aave Grants DAO Community Call Five - October 11

Stani will be speaking at:

Water cooler 🆒

Gas optimizations. Is this a glimpse into the new version of Aave?

Become involved with Aave Grants: