Aave founder: Umbrella stake module upgrade Risk Management, V4 version will focus more on user safety.

robot
Abstract generation in progress

According to reports, Aave founder Stani Kulechov stated that the effects of the new Aave staking module Umbrella have already been reflected. The Aave protocol is transitioning from using AAVE as the last line of excessive debt support to leveraging additional income generated from aTokens provided by users through Umbrella staking. Furthermore, the Aave DAO can configure a predefined coverage amount for each staking pool, which then serves as the first line of defense for staker funds, achieving a balance by allowing both users and the Aave DAO to mitigate protocol risks without reducing any AAVE. Aave V4 will introduce more Risk Management features, and unlike other protocols that focus on taking risks and increasing tail risks, the community will still prioritize user safety.

AAVE2.79%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)