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Aave's proposal to increase the supply limit of sUSD on V3 to 20 million has been voted through.



Time:8/8/2022 12:08:47 PM

[Aave’s proposal to increase the upper limit of sUSD supply on V3 to 20 million has been voted on] August 8th news, Aave’s proposal to increase the upper limit of sUSD supply on V3 from 10 million to 20 million has been approved. The approval rate is nearly 100%.

Other news:

AAVE broke through the $410 mark with an intraday increase of 18.83%: According to data from Huobi Global, AAVE rose in the short term and broke through the $410 mark. It is now reported at $410.2048, an intraday increase of 18.83%. The market fluctuates greatly, so please do a good job in risk control. [2021/2/4 18:51:37]

Turing Exchange will launch AAVE: According to official news, Turing Exchange will officially launch AAVE, and the AAVE/USDT trading pair will be launched at 15:00 on February 3, and the deposit and withdrawal will be at 15:00 on February 3 open.

It is reported that Aave converted the Aave platform token LEND to AAVE at a ratio of 100:1 on October 3, 2020 (block height 10978863) through the improvement proposal (AIP1).

Aave is an open source decentralized lending protocol that provides deposit and lending services for users. The deposit interest rate and loan interest rate of both borrowers and lenders are calculated by algorithms based on the amount of borrowing and deposits on the platform, and the platform uses Chainlink's oracle to ensure the fairness of collateral prices. [2021/2/2 18:42:08]

The Aave community initiated a proposal to upgrade Aavenomics quarterly: On January 8, the DeFi lending agreement Aave officially announced that the community had previously initiated a proposal and vote on whether to upgrade Aavenomics quarterly. According to the official statement, according to the results of AIP-1 (September 25, 2020), the Aave protocol launched the initial phase of Aavenomics and security incentives, and plans to distribute 400 Aave tokens to security module participants every day. With the implementation of the Aave V2 protocol and the approaching deadline for the first quarter, the community now needs to discuss whether to upgrade. The community will collect the sentiment and consensus of the community, form and publish a formal AIP proposal for the community to vote formally. The content-ethexc of the proposal that is still to be discussed includes: 1. Enable Balancer pool token activation and liquidity mining in the security module; 2. Increase security incentives, and it is recommended to increase the security incentives to 550 AAVE per day; 3. .Activate the slashing of the security module, the maximum slashing threshold is 30% of the staked amount, etc. [2021/1/8 16:43:01]

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