Aave founder: V4 will introduce more Risk Management features, the new staking module Umbrella's effects have already been reflected.

According to a report by Jinse Finance, Aave founder Stani Kulechov mentioned on the X platform that the impact of the new Aave staking module Umbrella has already been reflected. The Aave protocol is transitioning from using AAVE as the last line of excess debt support to leveraging the aTokens generated from user stakes through Umbrella for additional yield. Furthermore, the Aave DAO can configure a predefined coverage amount for each staking pool, serving as the first line of defense for staker funds, balancing the reduction of protocol risk for both users and the Aave DAO without needing to cut any AAVE. Aave V4 will introduce more risk management features, and unlike other protocols that focus on taking on risk and increasing tail risk, the community will still prioritize user safety.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)