The Aave protocol’s creators announced a new version of the platform in November: Aave v3. As a result, this new version of the protocol introduces a number of changes. These are intended to increase the protocol’s security, asset efficiency, and cross-chain transfers.
What’s new in Aave V3?— definikola.eth (@definikola) March 18, 2022
Complete breakdown of Aave V3 new features following its recent launch on mainnets.
– Isolation Mode
– Risk Management Improvments
Let’s dive in! 🧵👇 @AaveAave
Aave version 3 was launched on multiple testnets in early February in order to test the new requirements before they were put on the mainnet. This release came after a governance vote to gather the community’s feedback on the new version’s distribution.
Finally, the Aave teams announced the launch of the updated version to the Ethereum testnet on Wednesday, March 16th.