News #Ethereum By  Alex Panasenko
Normal +2 406 26 Jan 2023
Normal +2

Aave voted to launch the third version of its protocol on Ethereu

By  Alex Panasenko 406 26 Jan 2023
Photo - Aave voted to launch the third version of its protocol on Ethereu

This is the most significant protocol upgrade since its launch in January 2017. V3 aims at enhancing user experience, risk management and capital efficiency.

The Ethereum ecosystem is the largest market for the DeFi lending platform Aave (which means “ghost” in Finnish). The Aave total value locked (TVL) in Ethereum stands at $3.8 billion.