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1/ Today we are excited to introduce the Aave Protocol v2, the new Money Market Protocol ready to push DeFi even further ! 
https://medium.com/aave/aave-v2-the-seamless-finance-d52075d97a70
https://medium.com/aave/aave-v2-the-seamless-finance-d52075d97a70
2/ Aave started as the underdog of DeFi, and grew to be a 1 billion market size with innovations such as flash loans, stable rates, the aTokens ever-growing balance model, and recently Credit Delegation... amongst others.
3/ Aave V2 will be ready to onboard a new set of users and empower the existing ones by bringing an exciting sets of new features and improvements⊠so... Here are the main feature to expect with v2...
4/ Repay with collateral:
With this new function Aavengers will be able to deleverage or close their positions by paying directly with the collateral in 1 transaction.
With this new function Aavengers will be able to deleverage or close their positions by paying directly with the collateral in 1 transaction.
5/ Debt tokenization and native credit delegation: Debt positions of users will be tokenized. Besides the credit delegation functionalities already seen with @deversifi it enables features like native position management from cold wallets and user specific farming strategies.
6/ Fixed Rate Deposit:
Predictable interest rates for deposits allowing a clear guarantee of income for liquidity providers not bound by market variation.
Predictable interest rates for deposits allowing a clear guarantee of income for liquidity providers not bound by market variation.
7/ Improved Stable Borrow Rate:
Borrowers will be able to use an improved version of Stable Borrow Rate, where they can lock down their borrow interest rate to a certain time period ensuring predictability of their costs of finance.
Borrowers will be able to use an improved version of Stable Borrow Rate, where they can lock down their borrow interest rate to a certain time period ensuring predictability of their costs of finance.
8/Private Markets:
The Aave Protocol will enable the governance to support permissioned markets for tokenized assets. A collaboration between @RealTPlatform and the Aave Protocol is in the works to push DeFi even further and bring mortgages on Ethereum. Expect more on this soon.
The Aave Protocol will enable the governance to support permissioned markets for tokenized assets. A collaboration between @RealTPlatform and the Aave Protocol is in the works to push DeFi even further and bring mortgages on Ethereum. Expect more on this soon.
9/ Improved aTokens:
The short term objectives is to push on the aToken adoption. ATokens V2 integrate the EIP 2612 for gasless approvals, and the team is actively researching on bringing them to L2.
The short term objectives is to push on the aToken adoption. ATokens V2 integrate the EIP 2612 for gasless approvals, and the team is actively researching on bringing them to L2.
10/ Gas Optimizations:
Thanks to a lot of work from the Aavegineers, significant Gas Optimisations have been introduced, leading to a sharp drop in the transaction cost of most of the protocol interactions as well as support for GasToken.
Thanks to a lot of work from the Aavegineers, significant Gas Optimisations have been introduced, leading to a sharp drop in the transaction cost of most of the protocol interactions as well as support for GasToken.
11/ Native Trading FunctionalitiesâŠ
12/Debt Trading:
The Aave Protocol V2 will introduce the ability for anyone to natively trade their debt position from an asset to another.
Debt Trading opens up interest rate optimization, yield optimization strategies, and much more as the possibilities are endless.
The Aave Protocol V2 will introduce the ability for anyone to natively trade their debt position from an asset to another.
Debt Trading opens up interest rate optimization, yield optimization strategies, and much more as the possibilities are endless.
13/ Collateral Trading:
Users can trade with their deposited assets across all the assets supported in Aave, even when they are being used as collateral.
Users can trade with their deposited assets across all the assets supported in Aave, even when they are being used as collateral.
14/ Margin Trading:
With Margin Borrowing, users can now directly take long and short positions on any of the assets supported.
On the flip side, with Margin Lending, liquidity providers are now able to increase the weight of their deposits to take opportunities.
With Margin Borrowing, users can now directly take long and short positions on any of the assets supported.
On the flip side, with Margin Lending, liquidity providers are now able to increase the weight of their deposits to take opportunities.
15/Vote Delegation:
Any AAVE holder will be able to delegate their voting weight to any other address. Protocol Politicians can be expected to emerge as a result to represent their peers.
Any AAVE holder will be able to delegate their voting weight to any other address. Protocol Politicians can be expected to emerge as a result to represent their peers.
16/ Cold Wallet Voting:
Moving tokens to vote doesnt seem right, Aave governance will introduce security issues and user experience friction. User will now be able to sign messages from their cold wallet to participate in the Aave Governance
Moving tokens to vote doesnt seem right, Aave governance will introduce security issues and user experience friction. User will now be able to sign messages from their cold wallet to participate in the Aave Governance
17/ Distribution of Governance power to users:
V2 will be the start of what is commonly referred as âLiquidity farmingâ for the users of the Aave Protocol.
Join the governance forum now to discuss the incentive distribution coming with v2.
V2 will be the start of what is commonly referred as âLiquidity farmingâ for the users of the Aave Protocol.
Join the governance forum now to discuss the incentive distribution coming with v2.
18/ The internal design has been
simplified to be formal verification friendly. Aave
is working closely with @CertoraInc and
@ConsenSysAudits along with other top auditors to bring the highest security standards to the protocol and its users.
simplified to be formal verification friendly. Aave
is working closely with @CertoraInc and
@ConsenSysAudits along with other top auditors to bring the highest security standards to the protocol and its users.
19/ Some of those features will be available at launch, some others will be introduced by AIP, to take part of the future of Aave, join us on Discord and express your voice in the Governance Forum!
