For everyone who is subscribed but doesn’t follow Aave Grants on Twitter, featuring: Aave Weekly ⚡️ , Risk 🔎 , Aave Grants DAO 🏗, State of the protocol 📰 , Ecosystem 🧉 , Governance ⚖️, Upcoming events 📆 , and Water cooler 🆒
Now including a new section, Grantee Spotlight 🔦 where we take a deep dive at projects in the Aave ecosystem starting with Stakeall Finance!
The Aave Weekly Newsletter brings readers insights on protocol liquidity, income and other performance metrics.
The Aave Protocol closes week 3 of 2022 with $24.4 billion of liquidity:
46.8% Utilisation, generating $10.6m of estimated interest for depositors
$38m of Flash Loan volume, generating $34k of fees for depositors
$13m liquidated, generating $754K of fees to liquidators
$931k for the ecosystem collectors now holding $41.4m
$20.5m generated by the protocol this week
With an additional $2.6m $StkAAVE, $3.9m $WMATIC & $1.7m $WAVAX distributed
*at the weekly close price
You can download the Aave Weekly pdf from the governance forum.
In case you haven’t seen it, check out the Aave Risk Dashboard by Gauntlet at gov.gauntlet.network/aave. The Gauntlet team is particularly keen on iterating on this dashboard for the community and would love feedback via this Google Form.
Risk Parameter Updates:
Details can be found in this ARC
This week's set of parameter updates includes adjusting twelve (12) total risk parameters across eight (8) Aave V2 assets including LTV, Liquidation Threshold, and Liquidation Bonus. Gauntlet’s platform recommends enabling FEI as a collateral asset on Aave V2, as well as the following set of parameter changes that will decrease liquidation bonuses on several less-utilized assets. Gauntlet will initiate an on-chain governance proposal on Tuesday, January 18th to enable FEI as a collateral asset. Following this proposal, we will make a separate proposal for our regular set of parameter recommendations.
On-chain votes:
Snapshot votes:
Other discussions:
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Thanks to Twitter user @kiragrateful for the cover art!