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Aave Labs Unveils Major Upgrades and Expansions with Aave V4 Proposal

Aave Labs, the team behind the DeFi lending platform Aave, has proposed a slew of major upgrades and expansions two years after introducing its V3. The suggested improvements include Aave V4, Aave Network, a Cross-Chain Liquidity Layer, non-EVM L1 deployments, and a fresh visual identity. According to the latest blog post, Aave V4 will be built with a brand-new architecture featuring an efficient and modular design while aiming to minimize disruptions to third-party integrators. The main function of this architecture approach is to facilitate the addition or improvement of borrowing features without overhauling the entire system.

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