According to the official governance page of Odaily, BGD Labs has launched a proposal for Aave v3.1 and Aave Origin. It is reported that Aave v3.1 is a new optional upgrade of Aave V3, which mainly focuses on two aspects: redundant security and logical optimization to reduce operating costs. With these principles in mind, the changes/improvements included in this release include virtual accounting, state rate strategies, and more. In addition, the current Aave Immunefi bug bounty will be available for v3.1 and will be activated on production instances once approved by governance.
Aave v3.1 follows the same licensing approach as BGD Labs, the service provider for Aave DAO, for all other major contributions, BUSL 1.1. Aave DAO has full authority to change this license, whether or not it is appropriate in the future.
Next, BGD Labs will create an ARFC snapshot of the proposal to upgrade all Aave v3 instances to Aave v3.1, while completing the preparation of the upgraded AIP payload and the security processes surrounding it. This AIP will initialize all new components, except for its own implementation upgrades, after which an on-chain AIP will be created. At the same time, BGD Labs released the Foundry-based Aave v3 Origin repository. Like v3.1, Aave Origin is a project licensed to the Aave DAO smart contract via BUSL 1.1, which explicitly prohibits any entity competing with Aave from using the codebase for production purposes.