Brew: Grantee Spotlight 🔦

Introducing Brew, a mobile app that enables users to deposit stablecoins on different DeFi Protocols and earn high yield including with aUSDC on Polygon.

The beta version just launched and they would love feedback from the Aave community. You can try out the mobile app with as low as $50 and no fees (iPhone US only except NY and Texas) 👻

Risk 🔎

In case you haven’t seen it, check out the Aave Risk Dashboard by Gauntlet at gov.gauntlet.network/aave. The Gauntlet team is particularly keen on iterating on this dashboard for the community and would love feedback via this Google Form.

For more details on how Gauntlet manages market risk for Aave, please see Gauntlet’s Parameter Recommendation Methodology and Gauntlet’s Model Methodology.

Risk Parameter Updates:

Details can be found in this AIP

A proposal is currently live to adjust six (6) total risk parameters across three (3) Aave V2 assets.

This set of parameter updates seeks to maintain the overall risk tolerance of the protocol while making risk trade-offs between specific assets. Gauntlet’s parameter recommendations are driven by an optimization function that balances 3 core metrics: insolvencies, liquidations, and borrow usage. Parameter recommendations seek to optimize for this objective function. Gauntlet’s agent-based simulations use a wide array of varied input data that changes on a daily basis (including but not limited to, asset volatility, asset correlation, asset collateral usage, DEX / CEX liquidity, trading volume, expected market impact of trades, and liquidator behavior). These simulations tease out complex relationships between these inputs that cannot be simply expressed as heuristics.

Protocol 📰

Curious to learn more about V3? Dive into an overview of the new features from CoinGecko and see supply caps in action 💪
Want to build on top of V3? Check out this awesome list of ideas waiting to be built for inspiration 🧵

https://twitter.com/The3D_/status/1509452333108899845?s=20&t=fFzO9WkzBT_Q7RMH9rsIiQ

Need support with your idea? Apply for a grant 🚀