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The Aave community has raised the GHO borrowing rate to 4.72%

As displayed on the governance page, the Aave community has passed the on-chain vote for the proposal to "increase GHO borrowing rate from 3.00% to 4.72%" and it has been executed.

Compound launches new proposal 193 to lower collateral factor parameters of 7 tokens

Compound has announced the launch of a new proposal, Proposal 193, aimed at lowering the Compound V2 collateral factor parameters for 7 tokens, which are:

Aave community initiates temperature check on proposal to "introduce GHO to Cosmos and Polkadot ecology"

Aave community has initiated a temperature check proposal on "Introducing GHO Cross-Chain to the Cosmos and Polkadot Ecosystems". The proposal aims to create an incentive loop to increase the demand for GHO, thereby increasing the amount of collateral on AAVE, and providing a decentralized alternative for USDC/USDT on Cosmos/Polkadot.

Aave Companies Launches Decentralized Social Lens V2 on Polygon

Web3 software technology company Aave Companies launched the second version of its social protocol, Lens, during the Devconnect event in Istanbul. The statement said that the update enhances composability and other upgrades, allowing developers to build new social experiences and earn profits more quickly. The team stated that all applications and Lens V1 configurations have been migrated to V2, including 11 million social contacts and over 34 million social interactions.

Aave: All Aave V2 markets have reopened

On November 13th, Aave announced on its social platform that all Aave V2 markets have reopened. Early this morning, Aave Guardian lifted the suspension of Aave v3 markets on Arbitrum, Avalanche, and Polygon.

Aave v3 is back up and running after being suspended due to a security vulnerability

Aave v3 has resumed normal operations after being temporarily suspended due to a security vulnerability. The project stated that the second version of the lending market is expected to restart today.

A large account bought a total of 46,729 LINK on the chain in the past 3 hours and repaid a loan of 46,650 LINK to Aave.

According to monitoring by @ai_9684xtpa, on October 31, the big short seller of LINK began to buy: within three hours, he spent 7.79 WBTC, 80,000 DAI, 130,000 USDC, and 121.53 WETH, accumulating 46,729 LINKs (worth $740,000) on the chain. Then he repaid 46,650 LINKs of borrowing to Aave, and currently has 66,800 LINKs to be repaid, with a health factor of 1.10.

Aave Guardian has reopened the Aave V3 market, and Aave V2 on Ethereum is about to resume

According to the Aave community governance forum, Aave Guardian has lifted the suspension of Aave V3 markets on Arbitrum, Avalanche, Polygon, and Optimism. Aave V2 on Ethereum is expected to resume on November 13th, subject to operational considerations (suggested grace period to coordinate with Guardian). Previously on November 5th, Aave reported receiving issue reports regarding certain functionalities of its protocol. Temporary preventive measures have been taken after community developer verification: - Suspension of Aave V2 Ethereum market; - Suspension of certain assets on Aave V2 on Avalanche; - Freezing of certain assets on Aave V3 on Polygon, Arbitrum, and Optimism; Aave V3 markets on Ethereum, Base, and Metis, as well as V2 markets on Polygon and Avalanche, are not affected. Funds on any Aave market are safe.

Aave community launches ARFC proposal voting for "Arbitrum USDC Migration"

On November 10th, Snapshot page shows that the Aave community has initiated a vote for the ARFC proposal "Arbitrum USDC Migration". The vote will end on November 12th, and the current support rate is 35.96%. The proposal was put forward by Gauntlet, suggesting adjustments to the parameters of Aave-related pools on Arbitrum to facilitate the community's migration from bridged USDC.e to native USDC. Gauntlet proposes the following adjustments: "freeze" the USDC.e pool, increase the USDC supply limit to 50 million coins, and increase the USDC borrowing limit to 45 million coins.

Aave’s proposal to “disable stable lending rates” has been implemented on the chain

Displayed on the governance page, the Aave community has passed and executed the on-chain vote for the "Disable Stable Borrow Rate" proposal. This proposal disables the stable borrow rate for all assets in all pools on the network. Additionally, it also unfreezes assets previously frozen by the freeze steward.