{"id":544537,"date":"2023-01-28T00:18:35","date_gmt":"2023-01-27T21:18:35","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/aave-deploys-v3-on-ethereum-after-10-months-of-testing-on-other-networks\/"},"modified":"2023-01-28T00:18:35","modified_gmt":"2023-01-27T21:18:35","slug":"aave-deploys-v3-on-ethereum-after-10-months-of-testing-on-other-networks","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/aave-deploys-v3-on-ethereum-after-10-months-of-testing-on-other-networks\/","title":{"rendered":"# Aave deploys V3 on Ethereum after 10 months of testing on other networks"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3e07a91ef3d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3e07a91ef3d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/aave-deploys-v3-on-ethereum-after-10-months-of-testing-on-other-networks\/#%E2%80%9D_Aave_deploys_V3_on_Ethereum_after_10_months_of_testing_on_other_networks_%E2%80%9C\" >&#8221; Aave deploys V3 on Ethereum after 10 months of testing on other networks &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Aave_deploys_V3_on_Ethereum_after_10_months_of_testing_on_other_networks_%E2%80%9C\"><\/span>&#8221; Aave deploys V3 on Ethereum after 10 months of testing on other networks &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvMTYzNjQ0ZTItNDJjZi00OGM0LWI3MzMtZmMwM2I2OGQyNDg0LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a4050f8>The third version of crypto lending <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> Aave has now been deployed to Ethereum for the first time, according to a Jan. 27 tweet thread from the Aave team. \u201cAave V3\u201d was originally released in March 2022, and it was deployed on multiple Ethereum Virtual Machine (EVM)-compatible blockchains shortly afterward. Until now, Ethereum users only had access to the app&#8217;s older \u201cV2\u201d version.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Aave Protocol V3 is now live on the Ethereum market <\/p>\n<p>\u201dThe most exciting aspect of V3 is its flexible design, which enables a variety of new risk mitigation features, and its improved capital efficiency &amp; decentralized liquidity \u2013 all while reducing gas costs.\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/StaniKulechov?ref_src=twsrc%5Etfw\">@StaniKulechov<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/QsSnnlhEMr\">pic.twitter.com\/QsSnnlhEMr<\/a><\/p>\n<p>\u2014 Aave (@AaveAave) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AaveAave\/status\/1618903037761945601?ref_src=twsrc%5Etfw\">January 27, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Aave V3 includes several features intended to help users save on fees and maximize the efficiency of users\u2019 capital. For example, High Efficiency mode allows the borrower to avoid some of the app\u2019s more stringent risk parameters if the borrower\u2019s collateral is highly correlated with the asset being borrowed. Developers say this may be useful for borrowers of stablecoins or liquid staking derivatives. <\/p>\n<p>In addition, the \u201cisolation\u201d feature allows certain, riskier assets to be used as collateral as long as they have their own debt ceiling and are only used to borrow stablecoins. Under the previous version, there was no way to limit what type of asset could be borrowed given a certain type of collateral. This meant that lower market-cap and illiquid coins often couldn\u2019t be used as collateral.<\/p>\n<p><em><strong>Related: <\/strong><strong>Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack<\/strong><\/em><\/p>\n<p>V3 also includes a gas optimization algorithm that the developers say will reduce gas fees by 20% to 25%.<\/p>\n<p>The code for V3 was published back in November 2021. In March 2022, the Aave DAO approved an initial vote to deploy the new version. Over the next few months, V3 was deployed to Avalanche (AVAX), Arbitrum (ARB), Optimism (OP) and Polygon (MATIC). However, the Ethereum version of Aave has always had the most liquid and V3 was not available on it previously.<\/p>\n<p>According to the official proposal, the initial launch only has seven coins. The vote to launch began on Jan. 23 and lasted for two days. After supporters won the vote, the execution of the proposal was able to move forward on Jan. 27. Less than 0.01% of DAO members voted against the proposal.<\/p>\n<p>In November 2022, Aave changed its governance procedures after it was hit by a $60 million short attack that ultimately failed.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/aave-deploys-v3-on-ethereum-after-10-months-of-testing-on-other-networks\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Aave deploys V3 on Ethereum after 10 months of testing on other networks &#8220; The third version of crypto lending app Aave has now been deployed to Ethereum for the first time, according to a Jan. 27 tweet thread from the Aave team. \u201cAave V3\u201d was originally released in March 2022, and it was&#8230;<\/p>\n","protected":false},"author":1,"featured_media":544538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/163644e2-42cf-48c4-b733-fc03b68d2484.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,74868,74891,77595,73821],"class_list":["post-544537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-defi","tag-ethereum","tag-lending","tag-developers"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/544537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=544537"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/544537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/544538"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=544537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=544537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=544537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}