AAVE在以太坊主網上集成了Chainlink的智能價值重新捕獲（SVR）

領先的分散財務（DEFI）協議AAVE已正式整合了Chainlink的智能價值重新捕獲（SVR）

Aave has officially integrated Chainlink Smart Value Recapture (SVR) on the Ethereum mainnet, marking another step in optimizing value recapture, beginning with liquidations in markets such as Threshold Bitcoin (tBTC), LBTC, AAVE, and LINK. The integration was proposed by Aave developers and approved by the community via an on-chain vote. It introduces a new approach to handling oracle extractable value (OEV) in Aave liquidations.

AAVE已正式集成了以太坊主網上的鍊鍊鏈接智能價值（SVR），這標誌著優化價值重新捕獲的另一步驟，從閾值比特幣（TBTC），LBTC，AAVE，AAVE和LINK等市場的清算開始。該集成是由AAVE開發人員提出的，並通過鏈投票獲得社區批准。它引入了一種新的方法來處理AAVE清算中的甲骨文提取值（OEV）。

Historically, when undercollateralized loans were liquidated on DeFi lending platforms, a lot of value known as Maximal Extractable Value (MEV) was extracted and went to third parties. This MEV, which includes profits that can be extracted from the liquidation process and other transaction ordering strategies, was traditionally used by block builders, those responsible for ordering transactions within an on-chain environment. However, the value never returned to the protocols like Aave or the oracle infrastructure (based on Chainlink) that enabled the liquidation. This process is similar to a traditional auction house where the auctioneer (Chainlink) sets the prices, and the house (Aave) provides the platform. When the loan was liquidated, a third party (block builder) historically captured a portion of the profit, leaving both Chainlink (the price setter) and Aave (the lending platform) without direct compensation. Chainlink SVR has been deployed to address this issue.

從歷史上看，當在Defi Lending平台上清算欠款貸款時，提取了許多稱為最大可提取價值（MEV）的價值，並轉到了第三方。這項MEV包括可以從清算過程中獲取的利潤和其他交易訂購策略，傳統上是由塊建築商使用的，這些人是在鏈上環境中訂購交易的人。但是，該值永遠不會返回到啟用清算的AAVE或Oracle基礎架構（基於鍊鍊接）之類的協議。此過程類似於拍賣師（ChainLink）設定價格的傳統拍賣行，而房屋（AAVE）則提供了平台。當貸款被清算時，歷史上的第三方（Block Builder）捕獲了一部分利潤，將Chainlink（價格設定者）和AAVE（貸款平台）都留而沒有直接補償。 ChainLink SVR已部署以解決此問題。

The Chainlink Smart Value Recapture (SVR) system, built in collaboration with BGD Labs, Flashbots, and other Aave DAO contributors, allows Aave to reclaim a portion of the MEV that was previously extracted by block builders. It does this through Chainlink’s decentralized oracle networks and Flashbots’ MEV-Share service. The system is strictly designed for backrunning liquidations and cannot be exploited for malicious practices such as frontrunning or sandwich attacks.

與BGD Labs，FlashBots和其他AAVE DAO貢獻者合作構建的ChainLink Smart Value Recapture（SVR）系統，允許AAVE收回以前由Block Builder提取的MEV的一部分。它通過Chainlink的分散Oracle網絡和FlashBots的MEV共享服務來實現此操作。該系統是嚴格設計用於逆轉清算的，不能用於惡意習慣，例如frontrunning或Sandwich攻擊。

The integration has already started recapturing liquidation MEV in markets such as tBTC, LBTC, AAVE, and LINK. In the near future, Aave SVR is set to be expanded to additional assets to further assist with AAVE revenue optimization.

該集成已經開始在TBTC，LBTC，AAVE和LINK等市場中重新捕獲清算MEV。在不久的將來，AAVE SVR將擴展到其他資產，以進一步協助AAVE收入優化。

The MEV value recaptured through SVR will be divided among the Aave and Chainlink communities. The Aave DAO vote confirmed that the split will be 65% for the Aave ecosystem, 35% for the Chainlink ecosystem (over the first six months). Chainlink plans to pool its share of the SVR revenues, convert it to LINK tokens, then distribute the same among its network service providers. This creates a virtuous cycle, incentivizing the infrastructure that supports the DeFi ecosystem.

通過SVR重新捕獲的MEV值將在AAVE和鏈條社區之間分配。 AAVE DAO投票證實，AAVE生態系統的分裂將為65％，鍊鍊鏈接生態系統（在頭六個月內）為35％。 ChainLink計劃將其在SVR收入中的份額匯總，將其轉換為鏈接令牌，然後在其網絡服務提供商中分配相同的鏈接。這創建了一個良性週期，激勵支持Fefi生態系統的基礎架構。

“This partnership with Aave is a prime example of how innovation in the crypto sector can spawn concrete and profitable tools for the entire ecosystem. The integration of Chainlink SVS on Aave marks a shift toward a new standard in MEV recovery, enabling safe, scalable, and verifiable reintegration within DeFi applications and oracle infrastructure,” said Johann Eid, Chief Business Officer at Chainlink Labs.

Chainlink SVR also marks the first application of Payment Abstraction, a cross-chain payment solution that streamlines fee payments within the Chainlink network. This system utilizes CCIP (Cross-Chain Interoperability Protocol), Chainlink Automation, and Price Feeds to automatically convert service fees into LINK tokens. For instance, suppose a DeFi protocol is reading the value of an asset using Chainlink Price Feeds to set the collateralization ratio of a loan. In that case, this integration eliminates friction by automating payments in LINK when a given loan is liquidated through SVR’s system.

ChainLink SVR還標誌著付款抽象的第一個應用，這是一種跨鏈付款解決方案，可以簡化鍊鍊接網絡中的費用付款。該系統利用CCIP（跨鏈互操​​作性協議），鍊鍊接自動化和價格提要自動將服務費用轉換為鏈接令牌。例如，假設Fefi協議使用鍊鍊接價格提要讀取資產的價值，以設置貸款的抵押比率。在這種情況下，當通過SVR系統清算給定貸款時，這種集成通過鏈接中的付款來消除摩擦。

“It is no small feat to optimize liquidation algorithms while still preserving the security of the protocol. This partnership between Aave and Chainlink demonstrates how to responsibly innovate within the technical limits of DeFi. We are excited to see the impact of SVR on the Aave ecosystem and look forward to continuing to collaborate on pushing the boundaries of Web3 technology further,” said Ernesto Boado, Co-Founder of BGD Labs.

“The contribution of SVR is not purely economic but also implicates the security and technical integrity of the protocol. Moreover, this integration increases revenues for the DAO, further strengthening the Aave ecosystem. We are thrilled to see this collaboration come to fruition and look forward to exploring more avenues for mutual benefit with the Chainlink ecosystem in the future,” added Aave Labs founder Stani Kulechov.

“Efficient markets for MEV help build sustainable lending and DeFi infrastructure. We are proud to have collaborated with Aave, BGD Labs, and the broader community to launch this integration and look forward to seeing its impact on the DeFi ecosystem,” said Shea Ketsdever, Product Lead at Flashbots.

Shea Ketsdever在FlashBots的產品主角說：“ MEV有效的MEV市場有助於建立可持續的貸款和Defi基礎架構。我們很自豪能夠與AAVE，BGD實驗室和更廣泛的社區合作，以啟動這種整合，並期待看到其對Defi生態系統的影響。”