Aave’s community is one step closer to launching V4 on Ethereum after a governance proposal received overwhelming support. The vote signals strong backing for the upgrade, even after weeks of internal tension and the departure plans of key contributors.
A Snapshot vote on Monday showed more than 645,000 votes in favor of moving Aave V4 toward Ethereum mainnet deployment, with fewer than one vote against and no abstentions. While this vote doesn’t activate V4 itself, Aave founder Stani Kulechov said the next step is an Aave Improvement Proposal—the binding on-chain vote that will officially deploy the upgrade.
V4 introduces a hub-and-spoke design, where shared liquidity sits in central “Hubs” and separate “Spokes” define borrowing markets with their own limits and risk settings. This setup aims to combine the benefits of shared liquidity with tighter control over risk, while supporting new collateral types and structured credit markets.
The strong vote comes after a tense period in Aave governance. BGD Labs announced in February that it would leave after nearly four years, citing organizational conflicts and opposition to its V3 work. Then, in early March, the Aave Chan Initiative said it wouldn’t renew its engagement with the DAO due to disagreements over funding, governance standards, and voting.
With the V4 proposal passing nearly unanimously, the DAO appears more united on the upgrade, giving Aave Labs a clearer path to move toward Ethereum mainnet deployment.
