# Aave News #86 By [Aave Grants DAO](https://paragraph.com/@aavegrantsdao) · 2023-02-03 --- Earn Yield While Participating in Governance with Flexible Voting. Plus, ETHforAll Hackathon, Initial v3 Ethereum Integrations, Wintermute Delegation Platform & More For anyone who has been looking forward to a [rescue mission](https://twitter.com/lemiscate/status/1621117158217637889), including: **Spotlight 🔦 | Protocol 📰 | Ecosystem 🧉 | Governance ⚖️ | Events 📆 | Hey Anon 👻** Spotlight: Flexible Voting by ScopeLift 🔦 ========================================== [ScopeLift announced their Flexible Voting integration](https://twitter.com/ScopeLift/status/1621275019929059329) 🎉 The integration allows users to participate in governance even with tokens that are earning yield in a protocol like Aave. No more choosing between governance participation and earning yield! Let’s say Uniswap adopts Flexible Voting, then users could deposit UNI into Aave and still participate in Uniswap governance. [Read more about the integration](https://www.scopelift.co/blog/how-scopelift-built-a-flex-voting-atoken-on-aave) including the technical challenges the team solved and a detailed example of a future with Flexible Voting. ![Overview of how Flexible Voting works](https://storage.googleapis.com/papyrus_images/d158ef5032c386645f3cd18f9f32f148c9fd30b48c5a59376a2bd308f0d0c9c5.jpg) Overview of how Flexible Voting works Protocol 📰 =========== * Following the deployment of v3 on Ethereum last week, many integrations in the ecosystem have gone live including: * [![User Avatar](https://storage.googleapis.com/papyrus_images/ddb82237bc88c4d5bbb25c33f2ecf3a3c4b0a5ca9f5198c28ff52265b6c29b45.png)](https://twitter.com/aave) [Aave](https://twitter.com/aave) [@aave](https://twitter.com/aave) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/aave/status/1620474120571060228) The V2 ![🛫](https://abs-0.twimg.com/emoji/v2/72x72/1f6eb.png) V3 migration tool is live ![👻](https://abs-0.twimg.com/emoji/v2/72x72/1f47b.png) ![](https://storage.googleapis.com/papyrus_images/41ef1d24ea8e22075d3533660646cce9b57808898876f8855b931f5429d6d0fb.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 282](https://twitter.com/aave/status/1620474120571060228)[ 11:28 AM • Jan 31, 2023 ](https://twitter.com/aave/status/1620474120571060228) * [![User Avatar](https://storage.googleapis.com/papyrus_images/84ad69f86434ad497138174b592bffc442779d266f3768c5980b280b13f5b3f2.jpg)](https://twitter.com/DeFiSaver) [DeFi Saver](https://twitter.com/DeFiSaver) [@DeFiSaver](https://twitter.com/DeFiSaver) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/DeFiSaver/status/1621150094564425733) Automation is now available for @AaveAave v3 on Eth Mainnet.![🥳](https://abs-0.twimg.com/emoji/v2/72x72/1f973.png) Starting today you can set up automated leverage management, including auto-repay for liquidation protection & auto-boost for leveraging up, for all your Aave v3 positions. Check it out at [defisaver.com](https://t.co/R7cidsF5o8). ![](https://storage.googleapis.com/papyrus_images/ee0045c3f0d0f47115ed356e572de9f9e2bd2475bcc8287d822b19b4b81c5585.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 156](https://twitter.com/DeFiSaver/status/1621150094564425733)[ 8:14 AM • Feb 2, 2023 ](https://twitter.com/DeFiSaver/status/1621150094564425733) * [![User Avatar](https://storage.googleapis.com/papyrus_images/e3c321be153e6b0c8e729c136c213b61e340c2203a664e9256e6e9a2cfb4de58.jpg)](https://twitter.com/Risk_DAO) [Risk DAO](https://twitter.com/Risk_DAO) [@Risk\_DAO](https://twitter.com/Risk_DAO) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Risk_DAO/status/1619653316912496640) The bad debt dashboard also supports the new Aave's Ethereum v3 (currently with 0 bad debt) [bad-debt.riskdao.org/markets?platfo…](https://t.co/UKxh77GCto) Aave v2 (and other leading lending markets) is still available at [bad-debt.riskdao.org](https://t.co/5CyBJKYzdy) [@AaveGrants](https://twitter.com/AaveGrants)[ ![](https://storage.googleapis.com/papyrus_images/18b1d41ea2b8b833adc8ee4724a072905847669143cc5ab2a99d455502c6c567.jpg) bad-debt.riskdao.org Risk DAO | Research & Risk Analysis ----------------------------------- Research & Risk Analysis For DeFi Lending Protocols ](https://t.co/UKxh77GCto) [![User Avatar](https://storage.googleapis.com/papyrus_images/e3c321be153e6b0c8e729c136c213b61e340c2203a664e9256e6e9a2cfb4de58.jpg)](https://twitter.com/Risk_DAO) [Risk DAO](https://twitter.com/Risk_DAO) [@Risk\_DAO](https://twitter.com/Risk_DAO) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Risk_DAO/status/1591110833265729536) 1/ [@AaveAave](https://twitter.com/AaveAave) v3 bad debt data can now be tracked in real time, on any of the Aave v3 markets (Arbitrum, Avalanche, Optimism, Polygon). [bad-debt.riskdao.org/markets?platfo…](https://t.co/UKxh77otfg) ![](https://storage.googleapis.com/papyrus_images/b81dc1de62a0eecf45241b6d3dcf71ca4fa00c745e39ad9615ffdae8cd7c1f0d.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 6](https://twitter.com/Risk_DAO/status/1619653316912496640)[ 5:06 AM • Jan 29, 2023 ](https://twitter.com/Risk_DAO/status/1619653316912496640) * [![User Avatar](https://storage.googleapis.com/papyrus_images/a96922da25507a140fde4032f1f6b41f218a8d82d81024c2f9d8e4c096253865.jpg)](https://twitter.com/Instadapp) [Instadapp](https://twitter.com/Instadapp) [@Instadapp](https://twitter.com/Instadapp) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/Instadapp/status/1619011497300234240) Thrilled to go live with @AaveAave v3 ![👻](https://abs-0.twimg.com/emoji/v2/72x72/1f47b.png) on Ethereum! Stay tuned for exciting use cases with Efficiency Mode, Isolation Mode, and many powerful features in Aave v3 ![💫](https://abs-0.twimg.com/emoji/v2/72x72/1f4ab.png) [ ![](https://storage.googleapis.com/papyrus_images/279840f0b59b4f910c20dad6f9728ffba3fabce14fbd6671d53fe3bc46cce472.png) defi.instadapp.io Instadapp --------- The Most Powerful DeFi Management Platform ](https://t.co/x0MWIrbrcq) [![User Avatar](https://storage.googleapis.com/papyrus_images/ddb82237bc88c4d5bbb25c33f2ecf3a3c4b0a5ca9f5198c28ff52265b6c29b45.png)](https://twitter.com/aave) [Aave](https://twitter.com/aave) [@aave](https://twitter.com/aave) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/aave/status/1618903037761945601) Aave Protocol V3 is now live on the Ethereum market ![👻](https://abs-0.twimg.com/emoji/v2/72x72/1f47b.png) ”The most exciting aspect of V3 is its flexible design, which enables a variety of new risk mitigation features, and its improved capital efficiency & decentralized liquidity – all while reducing gas costs.” [@StaniKulechov](https://twitter.com/StaniKulechov) ![](https://storage.googleapis.com/papyrus_images/3f49895ab833077cd7fc3492d3fdbc344e321be56a930464bf47bf245a631329.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 29](https://twitter.com/Instadapp/status/1619011497300234240)[ 10:36 AM • Jan 27, 2023 ](https://twitter.com/Instadapp/status/1619011497300234240) * [![User Avatar](https://storage.googleapis.com/papyrus_images/d5b150c222ec4f24d9f5df76993614cfeb254c1c6e7738acb2275c18001c0554.jpg)](https://twitter.com/RZinovyev) [Roman Zinovyev](https://twitter.com/RZinovyev) [@RZinovyev](https://twitter.com/RZinovyev) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/RZinovyev/status/1620666637547630592) Congrats to [@AaveAave](https://twitter.com/AaveAave) team ![🥳](https://abs-0.twimg.com/emoji/v2/72x72/1f973.png) We're updating our AAVE Mega dash on [@DuneAnalytics](https://twitter.com/DuneAnalytics) right now. [@impossiblefi](https://twitter.com/impossiblefi) data team always with u ![❤️](https://abs-0.twimg.com/emoji/v2/72x72/2764.png) Right now there are ~ $60M deposits on V3:[ ![](https://storage.googleapis.com/papyrus_images/606f1f25d923120a62d98af48e4c8309ee2ce44a767fae600187b5843519c26d.jpg) dune.com 👻 AAVE 🔷 - Mega Dashboard --------------------------- Dune is the all-in-one crypto data platform — query with SQL, stream data via APIs & DataShare, and publish interactive dashboards across 100+ blockchains. ](https://t.co/uXBQzf5mok) [![User Avatar](https://storage.googleapis.com/papyrus_images/ddb82237bc88c4d5bbb25c33f2ecf3a3c4b0a5ca9f5198c28ff52265b6c29b45.png)](https://twitter.com/aave) [Aave](https://twitter.com/aave) [@aave](https://twitter.com/aave) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/aave/status/1618903037761945601) Aave Protocol V3 is now live on the Ethereum market ![👻](https://abs-0.twimg.com/emoji/v2/72x72/1f47b.png) ”The most exciting aspect of V3 is its flexible design, which enables a variety of new risk mitigation features, and its improved capital efficiency & decentralized liquidity – all while reducing gas costs.” [@StaniKulechov](https://twitter.com/StaniKulechov) ![](https://storage.googleapis.com/papyrus_images/3f49895ab833077cd7fc3492d3fdbc344e321be56a930464bf47bf245a631329.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 10](https://twitter.com/RZinovyev/status/1620666637547630592)[ 12:13 AM • Feb 1, 2023 ](https://twitter.com/RZinovyev/status/1620666637547630592) * [![User Avatar](https://storage.googleapis.com/papyrus_images/a7ca9a59251863716a459f1fcead064c63221b3c4a539e918b43dd8a48ffd0b4.jpg)](https://twitter.com/DeBankDeFi) [DeBank](https://twitter.com/DeBankDeFi) [@DeBankDeFi](https://twitter.com/DeBankDeFi) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/DeBankDeFi/status/1619496051655974912) 2/3 Aave V3's portfolio is now tracked on [debank.com](https://t.co/IEGJ3zLVHO)!([@ethereum](https://twitter.com/ethereum) version) Hat tip to all @AaveAave voters! $AAVE [debank.com/vote/18917](https://t.co/MfEdusHuaV) ![](https://storage.googleapis.com/papyrus_images/eff7f6d2f79fd3783f08e0e15cdfc63e95e0a0dc333f3df899993debbda5df72.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 46](https://twitter.com/DeBankDeFi/status/1619496051655974912)[ 6:42 PM • Jan 28, 2023 ](https://twitter.com/DeBankDeFi/status/1619496051655974912) * [Voltz Protocol](https://twitter.com/voltz_xyz/status/1619301286461202433) * Who are we missing? Let us know on [Twitter](https://twitter.com/AaveGrants) or [Lens](https://lenster.xyz/u/aavegrants) 🌿 ![Have you migrated form v2 to v3?](https://storage.googleapis.com/papyrus_images/cc98fe99d60f14b703edf015a2a03720eaea699a8747b8dd255201773e921fff.jpg) Have you migrated form v2 to v3? Ecosystem 🧉 ============ * The ETHforAll hackathon by ETHIndia is kicking off this weekend! Over 7,000 hackers have already signed up. [AGD is excited to be sponsoring and giving away $5k in prizes](https://twitter.com/AaveGrants/status/1621213193086603265). * Chaos Labs [shared their Parameter Recommendation Platform for Aave](https://twitter.com/omeragoldberg/status/1620871995289407489). * [Are you a grantee on Lens?](https://lenster.xyz/posts/0x03-0x36) Share your handle! ([Reminder, all previous grantees are eligible to claim a handle](https://twitter.com/AaveGrants/status/1616107486377041923) 🌿) Governance ⚖️ ============= [**_Follow the latest governance updates from Boardroom_**](https://governance.aave.com/t/governance-weekly-recap/9937/26?u=0xbilll) ![The Ethereum v3 vote results](https://storage.googleapis.com/papyrus_images/ce021ed8cddc3d02ab4bf36ac29a20dc24ce7d38b1b37d603fd4a6d263a4fd89.jpg) The Ethereum v3 vote results ### **🎉 🪅 🥳 🎊 🥂** ### **Proposals** #### 👻 Aave Improvement Proposals: * **Aave V3 Ethereum** ([147](https://app.aave.com/governance/proposal/?proposalId=147)). Executed on January 27th. * **Repay Excess CRV Debt on Ethereum v2** ([146](https://app.aave.com/governance/proposal/?proposalId=146)). Succeeded with 100% voting “YAE” and was executed on January 25th. * **Renew Aave Grants DAO** ([145](https://app.aave.com/governance/proposal/?proposalId=145)). Succeeded with 100% voting “YAE” and was executed on January 25th. #### ⚡️ Snapshot: * **Onboard rETH (rocket pool ETH) to Aave V3 ethereum market** ([Pending](https://snapshot.org/#/aave.eth/proposal/0xb06bac2b74fb2fafcfb21492c938f03a52a389d545b9975f8dc926374e966b04)). * **Add wstETH to Optimism Aave v3** ([Pending](https://snapshot.org/#/aave.eth/proposal/0x0ddd9784d8ac59ffcabc8ce86d2993179e044eeb102df1644b5b58d04ff25e63)). * **wETH Interest Rate Curve - Ethereum v2**. A [proposal](https://snapshot.org/#/aave.eth/proposal/0x9ae28e9c82c5fc0d24cf1df788094e959d99f906d11b89e455a60ee16b071d6f) from Llama to “amend wETH interest rate parameters on Aave v2 Ethereum.” * **Compensate Bug Bounty Contributor**. This [proposal](https://snapshot.org/#/aave.eth/proposal/0x4f97f52ef593bbdddc1037597729e1575ed8d4df997c1781334795b569ca25ce) succeeded on January 27th with nearly 100% voting to send 20 AAVE to the “contributor for risk analysis conducted during market volatility.” #### 🗣 Provide feedback on these Aave Requests for Comment (ARCs): * Proposal: Onboarding sfrxETH from Frax Protocol to Aave V3 Ethereum Market. [This idea](https://governance.aave.com/t/arc-proposal-onboarding-sfrxeth-from-frax-protocol-to-aave-v3-ethereum-market/11510) “presents the community with the opportunity to add sfrxETH to the Ethereum V3 market as a reserve.” * **LDO Emission\_Admin for Ethereum, Arbitrum and Optimism v3 Liquidity Pools**. [This proposal](https://governance.aave.com/t/arfc-ldo-emission-admin-for-ethereum-arbitrum-and-optimism-v3-liquidity-pools/11478) would “enable Lido to distribute LDO rewards across the Aave v3 Ethereum, Arbitrum and Optimism Liquidity Pools.” * **Gauntlet Borrow/Supply Cap Updates for Aave v3 OP and Aave v3 AVAX**. [Two options](https://governance.aave.com/t/arc-gauntlet-borrow-supply-cap-updates-for-aave-v3-op-and-aave-v3-avax-2023-01-27/11488) are presented, with different assumptions. * **Onboard Gamma Strategies’ USDC/GHO Uni v3 Collateral to Mint GHO**. Discussion continues with a [contribution from FranklinDAO](https://governance.aave.com/t/arc-onboard-gamma-strategies-usdc-gho-uni-v3-collateral-to-mint-gho/10733/8?u=duncand). * **Add Support for cbETH**. Discussion [continues](https://governance.aave.com/t/arc-add-support-for-cbeth/10425/26?u=duncand). * **Onboard rETH (rocket pool ETH) to Aave V3 ethereum market**. [Discussion](https://governance.aave.com/t/arc-onboard-reth-rocket-pool-eth-to-aave-v3-ethereum-market/11371/12?u=duncand) continues. * **Repay Excess CRV Debt on Ethereum v2**. Some discussion [continues](https://governance.aave.com/t/arfc-repay-excess-crv-debt-on-ethereum-v2/10955/10?u=duncand). * **Aave Protocol Plan for Shanghai Upgrade**. Gauntlet provides [initial commentary and analysis](https://governance.aave.com/t/arc-aave-protocol-plan-for-shanghai-upgrade/11323/3?u=duncand). ### **In the Forums** Risk parameter [recommendations](https://governance.aave.com/t/risk-parameter-recommendations-for-new-asset-listings/11479) for new asset listings. Chaos Labs and Gauntlet work together to provide a framework for v3. **Disclosure**. Llama [reveals a rescue](https://governance.aave.com/t/aip-144-disclosure/11463) they performed after [AIP-144](https://app.aave.com/governance/proposal/?proposalId=144) was executed. **Wintermute** @WintermuteGovernance delegate platform [has been added](https://governance.aave.com/t/wintermute-delegate-platform/11504). And so has [that of](https://governance.aave.com/t/crypto-plaza-delegate-platform/11492) @JesusCryptoPlaza. Delegate platform [updates from](https://governance.aave.com/c/delegate-platforms/27) @lbsblockchain and FranklinDAO (@PennBlockchain). **Governance research** discussion [continues](https://governance.aave.com/t/research-on-aave-governance/11413/9?u=duncand). **Interest rate curve** changes to Aave v2 ETH. @pauljlei from Gauntlet [posts a recommendation update](https://governance.aave.com/t/arc-interest-rate-curve-changes-for-aave-v2-eth-november-2022/10884/5?u=duncand). **Quick Gov Links**: [Governance FAQ](https://docs.aave.com/faq/governance) | [Governance Docs](https://docs.aave.com/developers/guides/governance-guide) | [Discord Governance Channel](https://discord.com/channels/602826299974877205/605528212239286312) | [Snapshot](https://snapshot.org/#/aave.eth) | [AIPs](https://app.aave.com/governance/) | [Aave on Boardroom](https://boardroom.io/aave/overview) Events 📆 ========= [ETHforAll Hackathon by Devfolio](https://twitter.com/ETHIndiaco/status/1616070588640157697): February 4th to 19th 💻 Hey Anon 👻 =========== Have you seen the different LSD coming to v3? [![User Avatar](https://storage.googleapis.com/papyrus_images/2757006462af6fb912a7c796d39ba8c673fdb8581a3e3415696300576d27da89.jpg)](https://twitter.com/0x4Graham) [0xGraham.lens 🦇🔊](https://twitter.com/0x4Graham) [@0x4Graham](https://twitter.com/0x4Graham) [![Twitter Logo](https://paragraph.com/editor/twitter/logo.png)](https://twitter.com/0x4Graham/status/1620351733020114944) Look at all the LSD (~Liquid Staking Derivatives) coming to Aave V3 on Ethereum sooon ![👀](https://abs-0.twimg.com/emoji/v2/72x72/1f440.png) ![](https://storage.googleapis.com/papyrus_images/0f42f193eca87c61d0ca9d5a7fbc7d345311b770e90d84f025c754ef4e3a051a.jpg) [![Like Icon](https://paragraph.com/editor/twitter/heart.png) 46](https://twitter.com/0x4Graham/status/1620351733020114944)[ 3:22 AM • Jan 31, 2023 ](https://twitter.com/0x4Graham/status/1620351733020114944) --- *Originally published on [Aave Grants DAO](https://paragraph.com/@aavegrantsdao/aave-news-86)*