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Aaveator138
Mar 07, 2023
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Aave high efficiency mode - v3 and v2 comparison question.
Hi, had a question about Aave high efficiency mode in v3. So in v2 the collateral/borrow values are calculated in ETH, even for like pairs (stablecoin-stablecoin) resulting in poor capital efficiency. In v3 the oracle will directly calculate stablecoin-stablecoin lending and borrow in USD?
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1Aaveator138
Mar 9 2023, 13:30Yes is correct, in new pools Aave (comparing Aave lending pool v2) use USD as the quote currency allowing for better efficiency enhancing stable pairs.
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Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers.
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