Aave Grants DAO
Aave Grants DAO
šŸ“°

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

Aave News: Aave Deployed on Avalanche Network, Grants Summit, Arc, & Risk DAO

Grab a comfy seat and get ready to indulge in the best from the past week in Aave, including highlights from Aave Weekly āš”ļø, Aave Grants DAO update šŸ— , State of the protocol šŸ“° , Ecosystem šŸ§‰ , Governance āš–ļø, Mark your calendar šŸ“† , and Water cooler šŸ†’ Bring on the rush.

aavenews.substack.com

Aave News: Aave Deployed on Avalanche Network, Grants Summit, Arc, & Risk DAO

Grab a comfy seat and get ready to indulge in the best from the past week in Aave, including highlights fromĀ Aave Weekly āš”ļø,Ā Aave Grants DAO update šŸ— , State of the protocol šŸ“° , Ecosystem šŸ§‰ , Governance āš–ļø, Mark your calendar šŸ“† ,Ā andĀ Water cooler šŸ†’

Bring on the rush.Ā The wait is over, Aave has been deployed on the Avalanche network šŸ„³ Toggle to the new market from theĀ Aave app.

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Aave Weekly āš”ļø

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

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Protocol Usage

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Safety Module

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

Aave Grants DAO updateĀ šŸ—

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

  • Welcome remarksĀ fromĀ @TheRealKartikĀ andĀ @StaniKulechov
  • AĀ panel on DeFi GrantsĀ with Boris Stanic,Ā @lmrankhan, Stani andĀ @rleshner
  • An in-depth look at theĀ the impact and future of Aave Grants DAOĀ withĀ @HelloShreyas
  • AnĀ overview from six teams building in the ecosystem:Ā @gelatonetwork,Ā @OmniAnalytics,Ā @voteWithTally,Ā @defialliance,Ā @llamacommunity_, andĀ @rabbithole_gg
  • AĀ conversation on how to successfully receive a grant from AaveĀ with Shreyas and Imran

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

State of the protocolĀ šŸ“°

Bang Bang.Ā The week started off with a bang asĀ @jessica_sit joined AaveĀ (Stani's new recruiting roleĀ is paying dividends šŸ’Ŗ) andĀ @FireblocksHQĀ shared a proposal to become whitelisted for Aave Arc.Ā Boardroom provides a concise overviewĀ of what Aave Arc is and what it means for Aave. Although the proposalĀ reached crypto media headlines, it drewĀ its share of criticismĀ and sparked some interesting conversations.

EcosystemĀ šŸ§‰

New guardians are here.Ā TheĀ voteĀ to elect new guardians concluded last week. Congrats toĀ @Arthur_0x,Ā @coderdannn,Ā @GallowayGavilan,Ā @isakivlighan,Ā @0xMaki,Ā @hilmarxo,Ā @Melt_Dem,Ā @corbpage,Ā @lmrankhan, andĀ @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:

  • More details emerged around theĀ Aave Risk DAOĀ including a list of initial contributors, budget, and a payout mechanism - see more details below in the accompanying Snapshot vote
  • Watch StaniĀ discuss Avalanche and Aave's deploymentĀ withĀ @0xmurloc,Ā @luigidemeo,Ā @kyledineen, andĀ @jayks17
  • Maximize your capital efficiency and try outĀ Symphony Finance's yield generating limit ordersĀ now on Polygon
  • Earn up to 1.56 $AAVE by tacklingĀ new questionsĀ from Flipside Crypto

GovernanceĀ āš–ļø

On-chain votes:

  • No new AIPs this week

Snapshot votes:

  • Add Fireblocks as a whitelister on Aave ArcĀ |Ā Governance discussionĀ | āœ… Yes 149.2k AAVE (98.33%) & āŒ No 2.54k AAVE (1.67%)
  • Should 13 total risk parameters across 9 Aave V2 assets be adjusted?Ā |Ā Governance discussionĀ | āœ… Yes 14.45k AAVE (98.96%) & āŒ No 151.27 AAVE (1.04%)
  • Aave Risk DAOĀ |Ā Governance discussionĀ | āœ… Yes 5.44k AAVE (94.03%), šŸŸ¦ Abstain 345.33 AAVE (5.97%) & āŒ No 0.02 AAVE (0%)

Mark your calendarĀ šŸ“†

LDNrAAVEĀ - October 8

Aave Grants DAO Community Call FiveĀ - October 11

Stani will be speaking at:

  • Token2049 LondonĀ - October 7 to 8
  • ETH LisbonĀ - October 22 to 24 ā†’ featuringĀ rAAVE^2 on October 24
  • PermissionlessĀ - May 17 to 19, 2022

Water coolerĀ šŸ†’

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

Become involved with Aave Grants:

  • Browse RFPs:Ā https://aavegrants.org/Request-for-Proposals-160203ba5d1746daae31588924a6680a
  • Chat with the community on Telegram:Ā https://t.me/aavegrantsdao
  • Join the governance forum:Ā https://governance.aave.com
  • Learn more about Aave Grants:Ā https://www.notion.so/Aave-Grants-DAO-78c88565fd15450fb13f79a5903c0d5d
  • Subscribe to Aave News:
Aave News

a recap of the latest from the Aave ecosystem, brought to you by the Aave Grants DAO

aavenews.substack.com