AAVE在以太坊上集成了Chainlink SVR：Defi的新时代

ChainLink SVR技术允许DEFI协议重新收回使用ChainLink价格提要产生的最大可提取值（MEV）

The Aave DAO community has formalized the integration of Chainlink Smart Value Recapture (SVR) on the Ethereum mainnet, aiming to recover the value extractable from oracles (Oracle Extractable Value, OEV) related to liquidations and convert it into a new source of revenue for the protocol.

AAVE DAO社区已正式化了以太坊主网上链链链接智能价值重新捕获（SVR）的整合，旨在从与清算有关的Oracles（Oracle可提取值，OEV）中恢复可提取的价值，并将其转换为该协议的新收入来源。

This decision, confirmed by an on-chain vote, marks a turning point for decentralized finance (DeFi), ushering in a sustainable model that reintegrates into the system the value technically lost during liquidation operations.

这一决定通过链票证实，标志着分散融资（DEFI）的转折点，它迎来了可持续模型，该模型将其重新融入了系统中的价值在清算操作期间的技术损失。

Aave integrates Chainlink SVR on Ethereum: a new era for DeFi

AAVE在以太坊上集成了Chainlink SVR：Defi的新时代

The Chainlink SVR technology enables DeFi protocols to recapture the Maximal Extractable Value (MEV) generated from the use of Chainlink’s Price Feeds, particularly during the liquidations of inadequately collateralized loans.

ChainLink SVR技术使DEFI协议能够从使用Chainlink的价格提要中产生的最大可提取值（MEV），尤其是在不充分的抵押贷款的清算期间。

Historically, this often million-dollar value has been claimed by blockchain validators involved in the block-building process, without any return for the oracle infrastructure or the DeFi protocol engaged.

从历史上看，参与区块构建过程的区块链验证者声称，这种通常的价值通常是没有任何回报的Oracle基础设施或参与的DEFI协议。

The integration, developed in collaboration with BGD Labs, Flashbots, and other contributors of the Aave DAO, involves a solution that jointly employs the Chainlink oracle network and the MEV-Share service by Flashbots. SVR is specifically designed to handle backrunning liquidations, avoiding vulnerabilities to frontrunning or sandwich attack techniques, thus ensuring a secure and transparent implementation.

该集成与BGD Labs，FlashBots和AAVE DAO的其他贡献者合作开发，涉及一种解决方案，该解决方案共同采用了FlashBots的Chainlink Oracle Network和MEV-Share Service。 SVR专门设计用于处理偏置清算，避免了漏洞或三明治攻击技术的脆弱性，从而确保了安全透明的实现。

Redistribution of the OEV: who gains what

重新分配OEV：谁获得了什么

According to what has been established, the recovered OEV value will initially be distributed 65% to the Aave ecosystem and 35% to the Chainlink ecosystem. This discounted fee scheme will be valid for the first six months and will then be subject to new DAO votes.

根据已建立的内容，回收的OEV值最初将分配给AAVE生态系统65％，将35％分配给ChainLink生态系统。此折扣费计划将在前六个月中有效，然后受到新的DAO投票。

Currently, SVR is active on an initial group of markets available on the Ethereum network (including tBTC, LBTC, AAVE and LINK). An extension to other assets is expected in the near future.

目前，SVR活跃于以太坊网络上可用的初始市场（包括TBTC，LBTC，AAVE和LINK）。预计在不久的将来将扩展到其他资产。

Payment Abstraction and automation with Chainlink

付款抽象和自动化链链接

SVR also represents the first Chainlink application to use the Payment Abstraction system, a cross-chain payment solution that eliminates friction in the payment of services on the Chainlink network.

SVR还代表了使用付款抽象系统的第一个Chainlink应用程序，该应用程序是一种跨链支付解决方案，可以消除链条网络上服务支付的摩擦。

The fees attributed to Chainlink in the SVR context will be automatically converted into LINK tokens, employing Chainlink services (Automation, Price Feeds, CCIP) and a decentralized exchange platform. This mechanism helps maintain a high level of service efficiency while simultaneously incentivizing the Chainlink infrastructure providers.

SVR上下文中归因于链链接的费用将自动转换为链接令牌，采用ChainLink Services（自动化，价格提要，CCIP）和分散的交换平台。这种机制有助于维持高水平的服务效率，同时激励链链接基础架构提供商。

This is what the protagonists say: Aave, Chainlink, Flashbots

这就是主角所说的：Aave，链链接，Flashbots

Stani Kulechov, founder of Aave Labs, highlighted that the integration “will increase revenues for the DAO, further strengthening the Aave ecosystem”. The contribution of SVR is not only economic but also impacts the security and technical integrity of the entire protocol. In fact, the implementation of SVR redefines the management of MEV in the DeFi landscape, transforming it from a cost to a profit opportunity for the protocols themselves.

AAVE LABS的创始人Stani Kulechov强调说，整合“将增加DAO的收入，进一步加强AAVE生态系统”。 SVR的贡献不仅是经济，而且还影响整个协议的安全性和技术完整性。实际上，SVR的实施重新定义了DEFI景观中MEV的管理，从而将其从成本转变为协议本身的获利机会。

Chainlink SVR is based on a decentralized infrastructure that has been operating for over five years, the same that supports Chainlink Price Feeds used by over 75 billion dollars in TVL (Total Value Locked) at their peak and powers transactions valued at over 20 trillion dollars. The system also contributes to the technical resilience of the network, safeguarding protocols from manipulation and inappropriate access.

ChainLink SVR基于已运营已有五年以上的分散基础设施，与支持超过750亿美元的TVL（总价值锁定）使用的Chainlink价格提要，其峰值交易和权力交易价值超过20万亿美元。该系统还有助于网络的技术弹性，保护协议免受操纵和不适当的访问。

The co-founder of BGD Labs, Ernesto Boado, stated that optimizing liquidation algorithms while maintaining protocol security presents a complex challenge, but the collaboration between Aave and Chainlink once again showcases the capability to innovate responsibly within the technical boundaries of DeFi.

BGD实验室的联合创始人Ernesto Boado表示，在维持协议安全性的同时优化清算算法带来了一个复杂的挑战，但AAVE和ChainLink之间的协作再次展示了在DEFI的技术边界内负责任地进行创新的能力。

Shea Ketsdever, Product Lead at Flashbots, added that “more efficient MEV markets help to create sustainable economies for lending protocols and DeFi infrastructure”. The participation of Flashbots with its own MEV-Share system is an integral part of this virtuous redistribution of value generated on the blockchain.

Flashbots产品负责人Shea Ketsdever补充说：“更有效的MEV市场有助于为贷款协议和Defi Infrastructure创造可持续的经济体”。 Flashbots使用其自己的MEV共享系统的参与是区块链上生成的价值的这种良性重新分配的组成部分。

According to Johann Eid, Chief Business Officer of Chainlink Labs, the partnership with Aave represents an exemplary case of how innovation in the cryptocurrency sector can translate into tangible and profitable tools for the entire ecosystem. The integration of SVR, Eid emphasized, signals a new standard for MEV recovery, enabling safe, efficient, and verifiable reinvestment within DeFi applications and support for oracle infrastructure.

Chainlink Labs首席业务官Johann Eid表示，与AAVE的合作伙伴关系代表了一个模范案例，即加密货币领域的创新如何可以转化为整个生态系统的有形和有利可图的工具。 SVR的集成，EID强调，标志着MEV恢复的新标准，在Defi应用程序中实现了安全，高效和可验证的再投资，并支持Oracle基础架构。

Future updates for Chainlink SVR

ChainLink SVR的未来更新

Looking ahead, Chainlink has planned new updates for SVR, including a higher level of decentralization, improvements in gas efficiency, and additional cross-chain functionalities. These future developments promise to extend the effectiveness of the mechanism even to more complex DeFi scenarios or interconnected across different blockchains.

展望未来，ChainLink计划针对SVR进行新的更新，包括更高水平的权力下放，提高气体效率和额外的跨链功能。这些未来的发展有望将机制的有效性扩展到更复杂的防御情况，或在不同的区块链之间相互联系。

In conclusion, the integration of Chainlink SVR into the Aave protocol brings tangible benefits for the economic and technical sustainability of DeFi, offering an innovative model for the management and redistribution of OEV. For both industry operators and governance participants, this move represents a concrete example of how collaboration between leading entities can reduce systemic losses and increase the value returned to the ecosystem.

总之，将Chainlink SVR的整合到AAVE协议中为DEFI的经济和技术可持续性带来了切实的好处，为OEV的管理和重新分配提供了创新的模型。对于行业运营商和治理参与者，此举代表了领先实体之间的协作如何减少系统性损失并增加返回生态系统的价值的具体例子。

For further technical

进一步技术