, the Aave V3 upgrade introduced the High-Efficiency Mode, also called “E-Mode.” With Aave’s “E-Mode, “users can borrow more by using collateral that is correlated to the asset they are depositing and borrowing, thereby improving capital efficiency.
Of its three deployments, Aave V2 has seen the most growth in TVL since the start of the trading year. At $4.04 billion at press time, the TVL on V2 has increased by 25% since the year began.
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