Aave Labs 公佈了 Aave V4 的雄心勃勃的路線圖，提議對 DeFi 協議進行重大升級

Aave Labs 提議對其 DeFi 協議進行徹底改革，並在其最新的「溫度檢查」文件中概述了重大升級。主要增強功能包括 GHO 穩定幣的更新、新的視覺標誌以及用於更順暢整合的統一流動性層。該提案還引入了動態利率、流動性溢價、金庫和智慧帳戶，以簡化用戶管理。 Aave Labs 尋求 15​​00 萬 GHO 和 25,000 stkAAVE 的撥款來實施三年計劃的第一年。

Aave Labs Proposes Major Upgrade to DeFi Protocol, Unveiling V4 Roadmap

Aave Labs 提議對 DeFi 協議進行重大升級，公佈 V4 路線圖

Aave Labs, the driving force behind the Aave decentralized finance (DeFi) lending protocol, has unveiled a comprehensive proposal outlining a five-year roadmap for upgrading and evolving its platform to Aave V4. The proposal, presented to the community on May 1, seeks to enhance the Aave Network with significant upgrades, including a cross-chain liquidity layer, non-Ethereum Virtual Machine (EVM) layer-1 implementations, and a refreshed visual identity.

Aave Labs 是 Aave 去中心化金融 (DeFi) 借貸協議背後的推動者，它公佈了一項全面的提案，概述了將其平台升級和發展到 Aave V4 的五年路線圖。該提案於 5 月 1 日向社區提交，旨在透過重大升級來增強 Aave 網絡，包括跨鏈流動性層、非以太坊虛擬機 (EVM) 第 1 層實施以及更新的視覺標識。

Aave V4: A New Architectural Foundation

Aave V4：新的建築基礎

At the heart of Aave V4 lies a completely revamped architecture that introduces a Unified Liquidity Layer. This layer facilitates seamless integration of various components, including isolation pools, risk modules, and the platform's native stablecoin, GHO. By centralizing liquidity, Aave V4 aims to optimize resource utilization and improve capital efficiency.

Aave V4 的核心是一個經過徹底改造的架構，引進了統一流動性層。該層有利於各種組件的無縫集成，包括隔離池、風險模組和平台的原生穩定幣 GHO。透過集中流動性，Aave V4 旨在優化資源利用並提高資本效率。

Dynamic Interest Rates and Liquidity Premiums

動態利率和流動性溢價

The proposal introduces dynamic interest rates that adjust in real-time based on market conditions. These rates leverage data from Chainlink oracles to ensure accurate and timely adjustments. Additionally, Aave V4 introduces Liquidity Premiums, which vary borrowing costs based on collateral risk profiles, further tailoring the lending experience to each user's needs.

該提案引入了根據市場狀況即時調整的動態利率。這些費率利用 Chainlink 預言機的數據來確保準確、及時的調整。此外，Aave V4 引入了流動性溢價，它根據抵押品風險狀況改變借貸成本，進一步根據每個用戶的需求客製化借貸體驗。

Enhanced Vaults and User Management

增強的保管庫和使用者管理

Vaults and smart accounts play a crucial role in simplifying user management of positions within the Aave ecosystem. The proposal suggests improvements to both, allowing users to effortlessly manage their assets and strategies from a single, user-friendly interface.

金庫和智慧帳戶在簡化 Aave 生態系統中的使用者倉位管理方面發揮著至關重要的作用。該提案建議對兩者進行改進，使用戶能夠透過一個用戶友好的介面輕鬆管理其資產和策略。

Focus on GHO Stablecoin

關注GHO穩定幣

Aave's algorithmic stablecoin, GHO, has garnered attention since its launch in July 2023. However, it remains relatively small compared to market leaders such as Tether and USD Coin. The proposal addresses this by suggesting enhancements to GHO's liquidation engine, including variable liquidation bonuses and "soft" liquidations. It also outlines plans for improved integration of GHO with features like interest earning, further solidifying its role within the Aave ecosystem.

Aave 的演算法穩定幣 GHO 自 2023 年 7 月推出以來就引起了人們的注意。該提案透過建議增強 GHO 的清算引擎來解決這個問題，包括可變清算獎金和「軟」清算。它還概述了改進 GHO 與利息收入等功能整合的計劃，進一步鞏固其在 Aave 生態系統中的作用。

Emergency Redemption Mechanism and Grant Request

緊急贖回機制和撥款申請

The proposal includes an emergency redemption mechanism designed to address situations where GHO loses its peg to the underlying asset. This mechanism aims to protect users and maintain the stability of the stablecoin.

該提案包括一個緊急贖回機制，旨在解決 GHO 失去與基礎資產掛鉤的情況。該機制旨在保護用戶並維護穩定幣的穩定性。

To implement the initial phase of the three-year roadmap, Aave Labs has requested a grant of 15 million GHO and 25,000 stkAAVE, valued at approximately $17 million. This funding will support research and development efforts leading to the launch of Aave V4 by mid-2025.

為了實施三年路線圖的初始階段，Aave Labs 已請求撥款 1500 萬個 GHO 和 25,000 個 stkAAVE，價值約 1700 萬美元。這筆資金將支持研發工作，直至 2025 年中期推出 Aave V4。

Aave's Market Position

Aave 的市場地位

Aave has consistently ranked among the top DeFi protocols, boasting a total value locked (TVL) of approximately $10 billion. Despite recent market fluctuations, the native Aave token remains resilient, currently trading at $82.35 and down 87.6% from its all-time high.

Aave 一直位居頂級 DeFi 協議之列，其總鎖定價值 (TVL) 約為 100 億美元。儘管最近市場波動，原生 Aave 代幣仍保持彈性，目前交易價格為 82.35 美元，較歷史高點下跌 87.6%。

Community Engagement and Timeline

社區參與和時間表

The proposed upgrades are currently undergoing a "temperature check" phase, allowing the community to provide feedback and express their opinions. Following this feedback period, the proposal will move to an on-chain vote. The timeline for the implementation of Aave V4 spans from the completion of research in Q2, 2024, to the full release of the new version by mid-2025.

擬議的升級目前正處於「溫度檢查」階段，允許社區提供回饋並表達意見。在此反饋期之後，該提案將進入鏈上投票。 Aave V4 的實施時間表從 2024 年第二季完成研究到 2025 年中期新版本的全面發布。

Conclusion

結論

The proposed upgrades outlined in Aave Labs' proposal represent a significant step forward for the Aave protocol. By introducing a new architecture, dynamic interest rates, Liquidity Premiums, enhanced vaults, and smart accounts, Aave V4 aims to provide users with a more efficient, versatile, and user-friendly DeFi experience. The focus on GHO stablecoin improvements and the inclusion of an emergency redemption mechanism further demonstrate the commitment to maintaining the stability and utility of the Aave ecosystem. As the proposal progresses through its governance process, the community will have the opportunity to shape the future of Aave and contribute to its continued growth and innovation.

Aave Labs 提案中概述的升級建議代表了 Aave 協議向前邁出的重要一步。透過引入新的架構、動態利率、流動性溢價、增強的金庫和智慧帳戶，Aave V4 旨在為用戶提供更有效率、更通用、更人性化的 DeFi 體驗。對 GHO 穩定幣改進和納入緊急贖回機制的關注進一步表明了對維護 Aave 生態系統穩定性和實用性的承諾。隨著提案在治理流程中取得進展，社區將有機會塑造 Aave 的未來，並為其持續成長和創新做出貢獻。