According to a report by Jinse Finance, Aave founder Stani Kulechov mentioned on the X platform that the impact of the new Aave staking module Umbrella has already been reflected. The Aave protocol is transitioning from using AAVE as the last line of excess debt support to leveraging the aTokens generated from user stakes through Umbrella for additional yield. Furthermore, the Aave DAO can configure a predefined coverage amount for each staking pool, serving as the first line of defense for staker funds, balancing the reduction of protocol risk for both users and the Aave DAO without needing to cut any AAVE. Aave V4 will introduce more risk management features, and unlike other protocols that focus on taking on risk and increasing tail risk, the community will still prioritize user safety.
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Aave founder: V4 will introduce more Risk Management features, the new staking module Umbrella's effects have already been reflected.
According to a report by Jinse Finance, Aave founder Stani Kulechov mentioned on the X platform that the impact of the new Aave staking module Umbrella has already been reflected. The Aave protocol is transitioning from using AAVE as the last line of excess debt support to leveraging the aTokens generated from user stakes through Umbrella for additional yield. Furthermore, the Aave DAO can configure a predefined coverage amount for each staking pool, serving as the first line of defense for staker funds, balancing the reduction of protocol risk for both users and the Aave DAO without needing to cut any AAVE. Aave V4 will introduce more risk management features, and unlike other protocols that focus on taking on risk and increasing tail risk, the community will still prioritize user safety.