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Aave's Version Four Upgrade Gains Overwhelming Approval

Published 1 week, 3 days ago
Description

Aaves decentralized group has overwhelmingly approved a plan for their version four upgrade, set to launch on Ethereum mainnet. The new modular design splits shared liquidity pools from specific borrowing zones, aiming to manage risks better and maintain deep capital pools for lending and borrowing. After months of drama, including key players leaving, the proposal now heads to a binding onchain vote, potentially paving the way for Aaves evolution in lending markets and attracting new uses for collateral and custom credit setups.

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