The proposal to activate Aave V4 on the Ethereum mainnet has successfully passed the Snapshot voting process, as announced by the Aave Governance Forum. Aave V4 introduces a modular Hub-and-Spoke architecture, enhancing liquidity management and risk pricing. The initial deployment will feature three liquidity hubs—Core Hub, Prime Hub, and Plus Hub—supporting assets like wETH, wBTC, USDC, USDT, and GHO. The security review for Aave V4 spanned approximately 345 days, involving audits by Trail of Bits, Blackthorn, and ChainSecurity, with a $1.5 million security budget. The deployment will prioritize security with conservative parameters, and future adjustments will be governed by the DAO. The next step involves submitting an AIP with full risk parameters for formal activation.