Defi转型：AAVE V4和财务的未来

AAVE的V4更新有望进行模块化革命，动态风险控制以及增加的机构采用，并可能通过传统的金融来改变Defi和模糊的线条。

DeFi Transformation: Aave V4 and the Future of Finance

Defi转型：AAVE V4和财务的未来

Decentralized finance is on the cusp of significant change. Aave's upcoming V4 update aims to revolutionize crypto lending with its modular architecture, offering personalized conditions and enhanced risk management.

分散的金融属于重大变化的风口浪尖。 AAVE即将推出的V4更新旨在用其模块化架构彻底改变加密贷款，从而提供个性化的条件和增强的风险管理。

Aave V4: A Modular Revolution in Crypto Lending

AAVE V4：加密贷款的模块化革命

Aave is gearing up for a major leap forward with the launch of V4, slated for the end of 2025. This update promises a technical overhaul designed to transform the user experience profoundly. The core innovation lies in its ‘hub and spoke’ architecture, replacing the current monolithic model. A central liquidity hub will feed various ‘spokes,’ each representing a lending and borrowing market with its unique risk profile. This setup enables more personalized conditions while preventing liquidity fragmentation.

Aave正准备随着V4的推出，将为重大飞跃做准备，该v4计划于2025年底。此更新有望进行技术大修，旨在深刻地改变用户体验。核心创新在于其“枢纽和讲话”建筑，取代了当前的整体模型。中央流动性中心将喂食各种“辐条”，每个辐条代表其独特的风险状况。该设置可实现更多个性化的条件，同时防止流动性分散。

For users, the impact will be immediate: a unified portfolio view providing access to all positions, streamlining management and optimizing transactions within the Aave ecosystem. This simplified interface will be complemented by greater flexibility in choosing markets and risk parameters.

对于用户而言，影响将立即产生：统一的投资组合视图，可访问所有位置，简化管理和优化AAVE生态系统内的交易。这种简化的界面将以更大的灵活性在选择市场和风险参数方面得到补充。

Risk Control and Institutional Adoption

风险控制和机构采用

Aave V4 introduces dynamic risk configurations, marking a significant shift in risk management. Massive liquidations triggered by global parameter adjustments will become a thing of the past. A targeted engine will now adjust positions at the necessary collateral threshold, reducing the impact on borrowers and enhancing ecosystem resilience. The automated position manager, delegating key operations like repayment and collateral management to smart contracts, further streamlines operations.

AAVE V4引入了动态风险配置，标志着风险管理的重大变化。由全球参数调整触发的大规模清算将成为过去。现在，有针对性的发动机将在必要的附带阈值下调整位置，从而减少对借款人的影响并增强生态系统的弹性。自动职位经理，将偿还和抵押管理等关键运营委派给智能合约，进一步简化了运营。

This automation is particularly appealing to investment funds and companies, aligning DeFi with traditional finance standards, where speed, reliability, and compliance are paramount. The timing of this launch is strategic, coinciding with the resurgence of Total Value Locked (TVL) in DeFi, approaching the record levels of 2021. Aave is solidifying its dominant position, accounting for nearly half of the active loans on Ethereum.

这种自动化对投资基金和公司特别有吸引力，使Defi与传统的财务标准保持一致，在这种标准中，速度，可靠性和合规性至关重要。此次发射的时机是战略性的，与DEFI中总价值锁定（TVL）的复兴相吻合，接近2021年的创纪录水平。AAVE巩固了其主导地位，占以太坊上活跃贷款的近一半。

A Strategic Vision

战略愿景

Aave V4 embodies a strategic vision, aiming to become a central player in the global financial infrastructure as the lines between traditional and decentralized finance continue to blur. The protocol aims to establish itself not just as a leader in DeFi but as a key pillar of the next generation of financial markets. While other protocols like Venus Protocol are also exploring yield opportunities within the DeFi space, particularly on platforms like Arbitrum, Aave's comprehensive V4 upgrade sets it apart.

AAVE V4体现了战略愿景，旨在成为全球金融基础设施中的核心参与者，因为传统和分散财务之间的界限继续变得模糊。该协议的目的不仅旨在确立自己的领导者，而且是下一代金融市场的关键支柱。尽管金星协议等其他协议也在探索defi空间内的收益机会，尤其是在诸如仲裁之类的平台上，但AAVE的综合V4升级将其与众不同。

Looking Ahead

展望未来

If Aave V4 delivers on its promises, it could redefine DeFi as we know it. Imagine a world where managing your crypto loans is as easy as ordering a pizza – maybe even easier! The future of finance is looking brighter, and Aave is holding the flashlight. Keep an eye on this space; it's gonna be huge!

如果AAVE V4兑现其承诺，则可以重新定义我们所知道的Defi。想象一个世界，管理您的加密贷款就像订购披萨一样容易 - 甚至更容易！金融的未来看起来更加明亮，而艾夫（Aave）则拿着手电筒。密切关注这个空间；会很大！