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Aave founder Stani Kulechov says the proposal will move to a binding onchain vote to formalize V4’s deployment on Ethereum.Aave’s decentralized autonomous organization backed a proposal to move its V4 protocol toward deployment on Ethereum mainnet, signaling broader support for the upgrade after weeks of governance tension and contributor exits.
, with more than 645,000 votes in favor and less than one vote against, and no abstentions, according to data from the offchain voting platform Snapshot.to Aave founder Stani Kulechov, the proposal is expected to advance toward an Aave Improvement Proposal vote, a binding onchain vote that would allow the protocol to deploy and activate V4 on Ethereum. Aave V4 introduces a modular architecture for on-chain credit markets Aave V4, proposed by Aave Labs on March 19, introduces a shift toward a more modular protocol design. It includes architecture intended to separate liquidity from market-specific risk. Under the model, shared liquidity pools, or “Hubs,” provide capital, while “Spokes” define distinct borrowing environments with tailored risk parameters and exposure limits. According to Aave Labs, the design “preserves the depth and efficiency of unified liquidity while allowing for more precise risk management.”Aave Labs said the new structure is designed to support a broader range of financial use cases, including assets with different risk profiles, maturities, or offchain dependencies. According to the proposal, V4 would allow new collateral types and structured credit markets to emerge while maintaining unified liquidity. The strong backing for Aave V4 comes after a period of governance tension that saw several core contributors step back from the DAO. after four years, citing an “asymmetric organizational scenario” and what it described as an “adversarial position” toward its work on the protocol’s existing version.after a clash over a proposed funding package. ACI founder Marc Zeller said the organization would wind down its operations after voicing concerns over governance standards and voting dynamics. Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy
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