AAVE V4：灵活性和弹性重新定义Defi贷款

AAVE V4旨在提高模块化市场和更智能的风险控制的灵活性和韧性。

DeFi lending giant Aave is gearing up for a significant leap forward with its upcoming V4 release, slated for the final quarter of 2025. This upgrade is all about boosting flexibility, strengthening resilience, and making things smoother for users. Let's dive into what makes V4 a potential game-changer.

Defi Lending Giant Aave正在为即将推出的V4发行版（定于2025年最后一个季度发行的V4发行版）做好重大飞跃的准备。这项升级是在提高灵活性，增强弹性并使用户更加顺畅。让我们深入研究使V4成为可能改变游戏规则的原因。

A Modular Approach to Markets

市场的模块化方法

Previous versions of Aave treated all markets more or less the same. V4 introduces a modular framework with a core liquidity pool and specialized markets spinning out around it. Each market can have its own risk settings and borrowing costs. This means more choices and better-tailored markets for users, without liquidity being scattered all over the place.

以前的AAVE版本或多或少地对所有市场进行了处理。 V4引入了一个模块化框架，其中有一个核心流动性池和专门的市场围绕它旋转。每个市场都可以拥有自己的风险设置和借贷成本。这意味着对用户的更多选择和量身定做的市场，而没有流动性遍布各地。

Smarter Risk Controls and Safer Liquidations

更智能的风险控制和更安全的清算

Aave V4 introduces new safeguards to soften the blows of sudden parameter changes or cascading liquidations. Instead of wiping out an entire loan, liquidations will now target just enough collateral to rebalance things. It’s a more surgical approach that could help reduce shockwaves in volatile markets, ensuring users don’t see their positions completely erased overnight.

AAVE V4引入了新的保障措施，以软化突然参数变化或级联清算的打击。现在，清算将目标瞄准足以重新平衡事物，而不是消除整个贷款。这是一种更具外科手术方法，可以帮助减少挥发性市场的冲击波，从而确保用户看到他们的位置在一夜之间不会被完全删除。

Automation and Efficiency for Users

用户的自动化和效率

Aave V4 adds a suite of convenience tools. A Position Manager will help automate repetitive tasks like repayments and withdrawals, while batching will let users bundle multiple steps into a single transaction. For anyone tired of juggling DeFi interactions across dozens of clicks, this is a meaningful upgrade, especially as activity continues to scale and gas costs remain a concern.

AAVE V4添加了一套便利工具。职位管理器将帮助自动化重复任务（例如还款和提款），而批处理将使用户将多个步骤捆绑到单个交易中。对于任何厌倦了在数十个点击之间进行杂耍的互动互动的人来说，这是一个有意义的升级，尤其是在活动继续扩展和气体成本时，这仍然是一个令人担忧的问题。

Why V4 Matters for DeFi

为什么V4对于Defi很重要

Aave's roadmap includes a white paper, public code release, and testnet launch before full deployment. Decentralized finance has been rebounding, with total value locked (TVL) back above $150 billion. Aave alone crossed $40 billion this summer, reclaiming its spot as a top player.

在完全部署之前，AAVE的路线图包括白皮书，公共代码发布和测试网。分散的财务一直在反弹，总价值锁定（TVL）返回1500亿美元。今年夏天，仅艾夫（Aave）就跨越了400亿美元，成为顶级球员的位置。

Aave Founder's Token Transfer: A Side Note

AAVE创始人的令牌转移：旁注

Recently, there's been buzz about Aave's founder, Stani Kulechov, transferring a significant amount of ENA tokens. While this event has sparked discussions, it's important to note that such transfers are often part of personal financial planning and don't necessarily reflect on Aave's future or the V4 upgrade. Transparency in blockchain allows us to track these movements, but it's crucial to consider the broader context.

最近，人们对Aave的创始人Stani Kulechov引起了轰动，并转移了大量的ENA令牌。尽管此事件引发了讨论，但重要的是要注意，此类转移通常是个人财务计划的一部分，不一定会反映AAVE的未来或V4升级。区块链中的透明度使我们能够跟踪这些运动，但是考虑更广泛的环境至关重要。

Personal Perspective

个人观点

From my perspective, Aave V4's focus on modularity and risk management is a smart move. DeFi needs to mature, and these kinds of upgrades are essential for attracting a wider audience. The automation tools are also a welcome addition, streamlining the user experience and making DeFi more accessible.

从我的角度来看，AAVE V4对模块化和风险管理的关注是明智之举。 Defi需要成熟，这些升级对于吸引更广泛的受众至关重要。自动化工具也是一个受欢迎的补充，可以简化用户体验并使Defi更容易访问。

Looking Ahead

展望未来

Aave V4 feels like a pivot toward resilience and flexibility. If the rollout delivers, Aave could cement its role as the backbone of decentralized lending well into the next cycle. Keep an eye out for the white paper and testnet launch—it's going to be an interesting ride!

AAVE V4感觉就像是弹性和灵活性的枢轴。如果推出提供，AAVE可以巩固其作为分散贷款贷款的骨干的作用。请留意白皮书和测试网的发射 - 这将是一个有趣的旅程！