BGD Labs launches proposals related to Aave v3.1 and Aave Origin

According to Mars Finance news, the official governance page shows that BGD Labs launched proposals on Aave v3.1 and Aave Origin. It is reported that Aave v3.1 is a new optional upgrade of Aave V3, which mainly focuses on two aspects: redundant security and logic optimization to reduce operating costs. Keeping these principles in mind, changes/improvements included in this release include virtual accounting, state rate strategies, and more. Additionally, the current Aave Immunefi bug bounty will be available for v3.1 and will be activated on production instances once approved by governance.

Aave v3.1 follows the same licensing approach as BUSL 1.1 for all other major contributions from BGD Labs (the service provider of the Aave DAO). Aave DAO has full authority to change this permission whether or not it is appropriate in the future. Next, BGD Labs will create an ARFC snapshot for the proposal, which will be used to upgrade all Aave v3 instances to Aave v3.1;

At the same time, finalize preparations for the upgraded AIP payload, and the security processes surrounding it. This AIP will initialize all new components except itself for implementation upgrades; an on-chain AIP will then be created. Meanwhile, BGD Labs released the Foundry-based Aave v3 Origin repository. As with v3.1, Aave Origin is a project that licenses the Aave DAO smart contract via BUSL 1.1, explicitly prohibiting any entity competing with Aave from using the codebase for production purposes.