Last July, the Aavechan initiative designed the development of AAVE protocol called Aavevenomics. The aim in practice is to develop several mechanics associated with the Aave token. Among these developments, we find, among other things, the redistribution of the costs generated by the AAVE Token Stakers protocol.
- The Aavechan initiative has designed a development called Aavevenomics, which aimed to modernize the AAVE protocol with the redistribution of AAVE Tokens Stakers.
- Marc Zeller introduced Umbrella, an improved security module for AAVE, with the AAVE control program and the AAVE tokens shopping program to strengthen safety and growth.
Aaventomics: Reviving token Aave
Protocol Aave is one of Og Defi. Launched in 2017 under the name Ethlennd will then be renamed in Aave in 2020. On this occasion, the token of the loan administration becomes Aave.
Nearly 5 years after your launch The mechanics of the token ages. Since then, we have seen how many protocols appear that apply the so -called principles of real yield, aimed at redistributing the costs of stakers to government chips.
It’s in this logic update that Marc Zeller of Aavechan suggested a Evolution of Aave Mechanics Last July.
Between development that we find in particular Redistribution of excessive protocol intake in Aave Stakers. Mechanics commonly called the “fees switch” Within the ecosystem of Aave.
Aaventomics: A new proposal to develop Aave token
Tuesday, March 4, Marc Zeller returned through Aavechan to charges with a new proposal from the protocol management.
This occupies the main lines of previous designs and “is more brief than temperature control for better readability”.
The community was therefore approved by temperature control or temperature control last July. This is a preliminary step that allows you to ratify details of the management.
On the one hand it is introducing it again Umbrellanew version AAVE Security Module, originally introduced in 2020. The aim of the umbrella is therefore on solve ineffectiveness identified in the security module.
Rather than a module that covers the entire protocol, the umbrella offers different safety modules, each corresponding to specific active ingredients and blockchains. So every Aave body will have its own module.
On the other hand there will be an umbrella too Heart of redistribution of excessive costs. Thus, users who insert funds can get rewards that come from a net income from the protocol.
Committee for checking everything
For a pilot umbrella offers Zeller to create a committee “Aave Finance Committee” that will be made up of four members: Chaos Labs, Tokenlogic, LlamiRask and Aavechan Initiative.
The Committee will be responsible for Manage the assets of the AAVE collection contract. As well as defining target liquidity and budgets suitable for safety and growth.
“We propose to use an umbrella at the same time as a protective mechanism for AAVE users and as a tool of growth by redistributing part of the excess Dao AAVE reception to the Athenken Holders. »»
Eventually this committee will be responsible for using a part of cash to get Aave on secondary markets. In other words, that is, an implementation and Buy back the program.
“The Aavechan initiative believes that the AFC may order this proposal to immediately start the AAV purchase program during the first six months of the mandate
Now it is up to the community to express its opinion on the proposal. If approved, it will be able to take over the next stage of the administration and public vote holders of the AAVE tokens.
In the coming months, AAVE should deploy another version of its protocol. Really, V4 was introduced in May 2024 and is expected to be deployed in mid -2025.