Aave Protocol Governance V2 has been activated!
The Aave Protocol V2 launched just over a week ago, and has rapidly grown in market size, now reaching over $98M. The V1 → V2 migration tool has not even been released yet (Soon™), so this growth is particularly Aavesome.
Last week, there was a governance vote on AIP-4, a proposal to activate Aave V2 governance. The votes were validated over the weekend, and today it’s time for the next milestone on the decentralisation journey:
The release of V2 governance!