Svmuu News: Aave has officially launched its v4 upgrade at Ethereum after approximately two years of development. The update introduces a new architecture that allows lending markets to operate independently while sharing liquidity, with the aim of expanding DeFi beyond crypto-native lending to include real-world assets and institutional use cases. The v4 version changes how Aave’s markets are organized, allowing different types of lending markets to operate independently while sharing the same liquidity pool, enabling users to borrow against assets other than crypto tokens in the future.Stani Kulechov, founder of Aave Labs, stated that lending is based on trust and requires borrowing terms that reflect market conditions. He also noted that the upgrade facilitates development and expansion by other teams on top of the protocol. In terms of capital efficiency, the v4 version also allows for the reinvestment of idle funds within the system. The upgrade launched with a limited set of markets and conservative parameter settings, with additional features to be added following governance resolutions. This launch comes amid ongoing governance disputes within the Aave ecosystem regarding decentralization and revenue distribution.