Aave Labs, in conjunction with the Aave lending platform, has unveiled a preliminary plan for the creation of the fourth iteration of their protocol.
This new version, named Aave V4, is expected to bring significant advancements in decentralized finance concerning resource utilization, risk management, and scalability.
Aave V4 will be built on a brand new framework, featuring a unified cross-chain liquidity layer (CCCL), which will enable enhanced integration of various functions such as isolation pools, risk modules, and the company’s own stablecoin.
Additionally, the proposal also includes support for the development of Real-World Asset (RWA) projects, deployment on non-Ethereum Virtual Machine (EVM) blockchains, and a refreshed visual design.