儘管市場經歷了類似於2月的另一個價格下跌，但貸款平台上的清算仍然相對較低

這種趨勢強調了Defi Lending Dynamics的轉變，在該動態中，用戶優先考慮長期穩定性而不是積極的借貸策略。

Despite the market downturn and a price drop similar to February, liquidations on lending platforms have remained relatively low.

儘管市場低迷和類似於2月份的價格下跌，但貸款平台上的清算仍然相對較低。

According to IntoTheBock data, high-risk loans on Aave’s Mainnet have decreased by nearly $1 billion.

根據Intothebock數據，AAVE的主網上的高風險貸款減少了近10億美元。

While some of these reductions stem from forced liquidations, a larger portion reflects the market’s cautious sentiment. Investors appear to be adopting a defensive approach, reducing leverage and engaging in minimal lending activity amid fears of further downside risks.

儘管其中一些減少源於強迫清算，但較大的部分反映了市場的謹慎情緒。由於擔心進一步的下行風險，投資者似乎正在採用防禦性方法，降低杠桿作用並從事最少的貸款活動。

The fact that liquidation levels remain relatively low, even with the recent price decline, suggests that market participants are exercising restraint and avoiding overexposure in an uncertain environment.

清算水平仍然相對較低的事實，即使最近的價格下跌，市場參與者正在行使克制，並避免在不確定的環境中過度暴露。

This trend highlights a shift in DeFi lending dynamics, where users are prioritizing long-term stability over aggressive borrowing strategies, especially considering the impact of February’s liquidations, which serves as a key reference point prompting large players to take preemptive measures.

這種趨勢強調了Defi Lending Dynamics的轉變，在這種情況下，用戶優先考慮長期穩定性而不是積極的借貸策略，尤其是考慮到2月份清算的影響，這是一個關鍵參考點，促使大型玩家採取先發製人的措施。

The lowered risk levels indicate a more resilient lending market, which could help stabilize the ecosystem in the face of continued volatility.

降低的風險水平表明，面對持續波動的情況，這可能有助於穩定生態系統。

Aavenomics Proposal Targets Revenue and Liquidity Upgrades

Aavenomics提案的目標是收入和流動性升級

The Aave Chan Initiative (ACI) has introduced a new Aave Request for Comment (ARFC), marking the first phase of the Aavenomics update.

AAVE CHAN倡議（ACI）引入了新的AAVE請求評論請求（ARFC），標誌著Aavenomics更新的第一階段。

This proposal aims to enhance AAVE tokenomics, redistribute protocol excess revenue, and refine secondary liquidity management. Additionally, it seeks to officially deprecate LEND, the legacy token that was phased out in 2020.

該提案旨在增強AAVE令牌學，重新分配協議超額收入以及完善二級流動性管理。此外，它試圖正式貶低貸款，這是2020年逐步淘汰的遺產令牌。

One of the proposal’s critical components is the introduction of an AFC. This committee would be responsible for overseeing treasury management and liquidity strategies.

該提案的關鍵組成部分之一是引入AFC。該委員會將負責監督國庫管理和流動性策略。

Among its key initiatives is a six-month buyback program, allocating $1 million weekly to gradually strengthen its tokenomics. The buyback plan will be subject to future assessments, allowing adjustments based on the protocol’s financial standing.

其主要舉措之一是一個六個月的回購計劃，每週分配100萬美元，以逐步加強其令牌學。回購計劃將受到未來評估，並根據協議的財務狀況進行調整。

It also proposes to modify liquidity incentives to reduce the network’s $27 million annual liquidity cost. That would be achieved by abandoning reliance on token emissions and introducing staking and active liquidity management.

它還建議修改流動性激勵措施，以減少網絡的年度流動性成本2700萬美元。這將通過放棄對令牌排放的依賴並引入積分和積極的流動性管理來實現。

Additionally, a new Anti-GHO fee switch mechanism will replace the existing GHO discount system, redirecting a portion of stablecoin revenue to AAVE stakers.

此外，一種新的反GHO費用開關機制將取代現有的GHO折扣系統，將一部分Stablecoin收入重定向到Aave Stakers。

Its proposal introduces the Umbrella safety module for increased security and to protect users from bad debt. It also entails reclaiming 320,000 unclaimed tokens for the ecosystem reserve.

它的建議介紹了傘安全模塊，以提高安全性並保護用戶免受壞賬。它還需要為生態系統儲備收回320,000個無人認領的令牌。

The proposal will undergo community feedback, an off-chain Snapshot vote, and an on-chain governance vote prior to implementation.Related: NYSE Arca Submits Filing to List Bitwise Dogecoin ETF Shares

該提案將接受社區反饋，鍊鍊快照投票以及實施之前的鏈政治投票。