According to market data, AAVE has broken through $110 and is currently trading at $110.27, with a daily increase of 4.36%. The market is volatile, so please be cautious with risk management.

The proposal from the Aave community to transfer approximately 6.11 million CRV positions from the Ethereum mainnet collector to GLC Safe has been unanimously approved. The specific details include: transferring all available CRV from Aave's mainnet treasury to GHO Liquidity Committee (GLC) SAFE and deploying it to sdCRV. After implementing this AIP, CRV will be withdrawn from Aave protocol (V2 and V3) on the Ethereum mainnet and all new available CRV will be transferred to GLC SAFE.

HashKey Exchange has issued an announcement on the resumption of AAVE/USD fees. It is announced that the fee for this trading pair will be resumed on December 25th. The basic fee for AAVE/USD is 0.15%. All customers will be matched with corresponding membership level fees based on their 30-day trading volume or daily asset balance. Orders placed before December 25th will maintain a fee of 0. Currently, AAVE/USD is only available for professional investors.

According to information from the Aave governance forum, the "Governance System V3 Upgrade" proposal has been unanimously approved. A total of 1,122,272 AAVE participated in the vote, with a support rate of 100%. The upgrade will be executed within 7 days.<br>It is reported that the proposal suggests migrating Aave Governance v2.5 to v3, transferring all permissions from the v2 system to v3, and executing all necessary smart contract upgrades and various miscellaneous preparations.

Aave community proposal suggests increasing the stablecoin interest rate parameters in all Aave deployments, proposing to increase the Slope1 of stablecoins to 6%. After this increase, usage and balance rates will continue to be monitored, and additional suggestions will be made as needed. The next step will be to submit an ARFC snapshot vote for final approval based on community feedback.

Aave Labs posted on X platform, stating that they are currently hiring a smart contract engineer.

Aave has passed the community proposal vote to launch sfrxETH on the Aave V3 Ethereum network, with a supply limit of 40,000 tokens, a borrowing limit of 4,000 tokens, and an LTV of 71%.

On December 8th, according to the governance page, the Aave community initiated the "ETHx on Aave V3 Ethereum Network" ARFC proposal. ETHx is Stader's liquidity staking token, which enhances LST liquidity and asset diversity.

Lookonchain monitoring shows that smartestmoney.eth has repaid 2.7 million USDT on Aave and withdrawn 9,255 wstETH (worth 23.9 million US dollars). Then, they requested to withdraw 10,632 ETH (worth 23.9 million US dollars) from Lido.

The decentralized finance company Avara (formerly known as Aave) has reached its target of $0.98 for its stablecoin GHO. Currently, there are 980 addresses holding GHO, with the top 10 addresses controlling 61.01% of the total supply. In addition, the top 100 holders of GHO stablecoin collectively own 99.47% of the circulating supply. As of December 2, 2023, GHO is ranked as the 26th fiat-backed stablecoin by market capitalization.