Aave's Proposal to Deploy Freeze Stewards to Multiple Chains Has Been Passed, Allowing Administrators to Freeze Assets
Aave's proposal to deploy Freeze Stewards to multiple chains has been approved. Freeze Stewards allow administrators to freeze assets, which have already been deployed on the Aave V3 Ethereum pool. This proposal aims to deploy this feature to multiple chains, including Optimism, Arbitrum, Polygon, Metis, and Base.
The Aave Community Is Conducting an On-Chain Vote on the Proposal to "Increase the GHO Lending Interest Rate to 2.5%"
September 18th, the governance page showed that the Aave community is conducting on-chain voting on the proposal to "increase the lending rate of stablecoin GHO". The voting will end on September 19th. The proposal suggests increasing GHO's borrowing and lending annual interest rate from the current 1.5% to 2.5%, with the aim of solving GHO's deviation problem and ensuring its growth and market credibility.
After BTC Fell Below $25,000, an Address Was Liquidated for 219.69 WBTC on AAVE
According to PeckShield monitoring, after the BTC price fell below $25,000, address 0x47ab2b was liquidated for 219.69 WBTC (worth about $5.64 million) on AAVE.
Eight Organizations Including Aave, Circle, and Coinbase Have Jointly Established the “Tokenized Asset Alliance TAC”
Aave, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch, and RWA.xyz have formed the "Tokenized Asset Alliance (TAC)" and become founding members of the alliance. In addition, any organization that shares the vision of "creating a unified financial system on the blockchain" can join the TAC charter.
Aave, Circle, Coinbase and Base Become Founding Members of the Tokenized Asset Alliance
On September 8th, according to Cointelegraph, Aave, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch, and RWA.xyz have formed the Tokenized Asset Alliance (TAC) and become its founding members. However, any organization that agrees with the vision of "creating a unified financial system on the blockchain" can join the TAC charter.
Aave proposes to migrate DAO funds on Avalanche to V3, aiming to increase deposit interest rates
According to the Aave governance page, the Aave community has passed a proposal to migrate funds from the Aave DAO to V3 on Avalanche. The proposal suggests redeeming all Aave DAO funds on Avalanche V2, which is approximately $4.58 million, and transferring them to Aave V3 on Avalanche because V3 has higher interest rates and wAVAX rewards.
Over 43 Million sDAI Have Been Deposited on Aave, Accounting for 5.7% of the Total Supply
September 1st, according to 21.co analyst Tom Wan's monitoring, more than 43 million sDAI have been deposited on Aave, accounting for 5.7% of the total supply. At the same time, since AAVE launched the sDAI pool, the supply of sDAI has also increased by 5.9%.
Aave Will Replace the Suspended State of GHO Assets on Ethereum With a Frozen State
August 29th, the Aave community's proposal regarding the cancellation of the "GHO Pause and Freeze" has been voted on and passed on the chain, replacing the pause status of GHO assets on Ethereum with a freeze status. Previously, Aave had discovered a technical issue in the integration of GHO and Aave V3 GHO pool, so GHO as an asset was temporarily paused by Aave Guardian.
Aave Integration Manager: sDAI has been listed on Aave, wETH borrowing rate is 2.29%
Marc Zeller, the integration lead of Aave, announced on X platform (formerly Twitter) that sDAI has been added to Aave. Zeller added, "Due to the new optimized interest rate curve, the wETH rate is the lowest among current blue-chip protocols, only 2.29%."
Earlier, Marc Zeller submitted an ARFC proposal on the Aave governance forum to introduce sDAI as collateral into the Aave V3 Ethereum pool. According to the proposal, Aave can provide users with dual benefits of earning DSR income and using their assets as collateral. If approved, sDAI and DAI will both serve as reserve assets for the Aave V3 Ethereum pool, with sDAI primarily used as collateral and DAI as a borrowable asset.
A new proposal from the Aave community proposes to replace the DAI quota of Aave GrantsDAO with the GHO quota
On August 25th, Aave community released a new informal proposal called ARFC, aimed at promoting the adoption and use of GHO. The proposal suggests replacing Aave GrantsDAO (AGD) DAI allocation with GHO allocation. Currently, AGD has around $380,000 of unclaimed DAI. This proposal aims to replace AGD's existing DAI allocation with new GHO allocation, which would enable AGD's contributors and grant recipients to receive rewards in GHO as well as any other assets held in AGD's multi-signature. Given that GHO's trading price is below $1, AaveDAO can purchase GHO on the market, which would help support its pegged price, and then use GHO to fund AGD.
This proposal is expected to be implemented after the ARFC proposal to increase GHO rates and technical issues discovered in the integration of GHO with Aave V3 GHO pool are resolved.
