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The Aave V4 roadmap, which is in the advanced research phase, proposes several improvements to Aave’s lending platform, such as improved support for its native GHO stablecoin and lower transaction fees, the protocol said Wednesday in a message on the board forum. The proposal also reveals developers’ plans to automate the calculation of loan protocol interest rates and part of the governance process of the Decentralized Autonomous Organization (DAO).
“Aave V4 marks a significant advancement in DeFi, designed to set new boundaries in capital efficiency, risk management and scalability,” said Aave Labs said Wednesday on X.
Aave V4 is scheduled to be released in mid-2025. The rollout of the upgrade is part of a broader initiative called Aave 2030, which aims to drastically change the look of the protocol in equal measure by 2030.
Aave V3, the current iteration of the protocol, was launched two years ago on various networks and went live on the Ethereum mainnet in early 2023.
About authors
Elizabeth Napolitano is a data reporter who reports business and technology news, with a focus on cryptocurrencies. Before joining The Block, Elizabeth reported on BigTech, AI, crypto and video games for CBS Moneywatch. As a CoinDesk reporter, she covered DeFi, NFTs and US courts. She has an MA in journalism from CUNY. Follow her on X: @LizKNapolitano
MK Manoylov has been a reporter for The Block since 2020, joining just before Bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering all crypto news, but with a bias toward NFT, metaverse, web3 gaming, finance, crime, hack, and crypto ecosystem stories. MK is a graduate of New York University’s Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.