December 3, 2020 Aave v2 goes live.

DeFi protocol Aave announced today the launch of a second version of its money market platform. Mot notably, Aave v2 will implement collateral swap functionality via an upgraded flash loan mechanism. This will reportedly allow users to change the collateral assets underlying their loans in a more efficient and secure manner. The platform is currently centrally governed, although the team plans on transitioning to community governance in one month.