Aave's deployment on the Avalanche C-Chain
Following the Aave DAO snapshot approval, V3 of the Aave Protocol has been deployed on Avalanche. Avalanche is one of the fastest smart contracts platforms in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity out of any proof-of-stake protocol. Avalanche’s C-Chain is an instance of the EVM running with Avalanche’s consensus.
The price update frequency results from the liquidation strategy. We follow a margin method, in which prices are refreshed every time the deviation crosses a certain threshold. We use Chainlink’s decentralised oracles for the price feeds.
During an initial bootstrapping phase, the Avalanche deployment is controlled by a multisig (keys held by Avalanche community) and follows the same security practices implemented during the governance transition period for Aave V1 and V2.