Avalanche Summit 2022 - Building for a Multi-Chain Future
Speaker(s):
Stani Kulechov
Held on:
23-03-2022
Written on:
23-03-2022
Aave V3
- Capital Efficiency
- Risk and security
- Enhanced decentralization
Portals
- Cross-chain transactions to flow seamlessly
- Whitelisted bridge protocols to mint and burn a capped amount of tokens
- Governance can whitelist protocols
Efficiency Mode
- Capital efficiency
- Increased borrowing power
- For assets highly correlated (AVAX-sAVAX, USDC-DAI).
- basically higher leverage for very similar assets
Isolation Mode
- Borrow stables against asset
- sort of like isolated mode in Binance futures
- Manages risk, prevents all your collateral from being liquidated
Borrow & Supply Caps
- Borrow caps mitigate risks
- Supply caps reduces type of assets that Aave can be exposed to
Admins
- risk, listing admins decided by governance