Aave

**Aave launches on Aptos with live incentives** Aave has expanded beyond Ethereum for the first time, launching on **Aptos blockchain** with the entire protocol rewritten in Move programming language. **Key features:** - Support for USDT, USDC, APT, and sUSDe - Rewards available for USDT and USDC suppliers - Incentives powered by Metro - Available at [aptos.aave.com](https://aptos.aave.com/) **Regulatory milestone achieved** Aave Labs subsidiary Push received **MiCAR authorization** from Ireland's Central Bank, making Aave Labs among the first European DeFi innovators operating under this framework. **Important distinctions:** - Core Aave Protocol remains decentralized and permissionless - MiCAR authorization applies only to Push's regulated stablecoin on/off-ramp services - Protocol continues operating globally on public blockchains This dual announcement marks significant technical and regulatory progress for the lending protocol. [Read full details](https://aave.com/blog/aave-micar-approval)

**GHO Passports are now available** for the upcoming Aave event in Buenos Aires, Argentina. - **100 passports** are currently live and ready to claim - Available through the official GHO passport platform - Limited availability suggests early registration is recommended The passports appear to be part of Aave's community engagement initiative for their Buenos Aires gathering. [Claim your GHO Passport](https://pass.gho.xyz/)

**Aave V4 transforms DeFi lending** with a revolutionary architecture that unifies liquidity across markets. **Key Innovation: Hubs and Spokes** - Hubs store liquidity pools - Spokes implement custom lending rules and market logic - Multiple markets can draw from the same liquidity source **Benefits for Users and Builders:** - Enhanced capital efficiency across all markets - Specialized markets can access deep liquidity from day one - Custom lending parameters without liquidity fragmentation **Real-World Applications:** - Pendle markets accepting multiple PTs as collateral - Uniswap LP-focused lending markets - Shared ETH liquidity across different use cases **Strategic Impact:** V4 positions Aave as DeFi's operating system, enabling previously unviable markets while maintaining security and efficiency. This architecture supports the migration of global finance onchain by serving specialized needs without sacrificing liquidity depth. [Read the full unified liquidity thesis](https://aave.com/blog/aave-v4-unified-liquidity-thesis)

**Aave V3 is now live on Plasma**, a high-performance blockchain designed specifically for stablecoins. **Initial asset support includes:** - USD, USDe, sUSDe - XAUt (gold-backed token) - WETH and weETH The deployment was handled by BGD Labs on behalf of Aave DAO, with comprehensive risk analysis from Chaos Labs and Llama Risk. **Chainlink provides price feeds** for secure operations. Plasma's focus on scalability and stablecoin infrastructure makes it a strategic addition to Aave's multi-chain presence. Supply and borrow caps are detailed in the [governance proposal](https://governance.aave.com/t/arfc-deploy-aave-v3-on-plasma/21494). Users can access the new market through the [Aave app](https://app.aave.com/markets/?marketName=proto_plasma_v3) immediately.

The final vote is currently taking place regarding the Events Funding for the collaboration between Aave Companies and Aave DAO.

Starting from October 19, 2023, users can now switch tokens directly on Aave.

Aave DAO has partnered with Immunefi to launch a $1 million bug bounty program. The program aims to ensure the security of the Aave protocol by encouraging developers and security experts to identify and report any vulnerabilities. Immunefi will provide technical support in managing the bug bounty program.