V1, V2, V3????

So I was listening to the bankless podcast and they said Aave V3 was now live on test net. I’ve also heard they talk about uniswap V2 and V3. I get they’re different versions but what EXACTLY does that mean from a blockchain perspective?

Clarification: I love ether and see all it’s potential uses but I hate signing transactions that are just a string of random variables. Until I know what I’m signing and where my ether is going I’m perfectly fine not playing around on the ecosystem more than I have too.

All help appreciated!

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3 thoughts on “V1, V2, V3????”

  1. These version names are more for a commercial appeal of “hey, crypto. we have something new”. They don’t really have to mean anything from a blockchain perspective, even though we (the users) expect to see cool features being launched. The numbers just show the public that a new platform is being developed/launched.

    Many platforms are exactly the same as their predecessors, but some are not. I hodl AAVE for a long time and I’ve read about the V3. AAVE claims that this new platform will be much more capital efficiency to protect the protocol from insolvency. AAVE is a great project and it seems to be always one step ahead (just DYOR for AAVE Arc). I also had the opportunity to test (for the first time) the transition from one platform to another (Yield App V1 to V2) and the new platform V2 is proving to be much more effective. I also hodl UNI, but I didn’t research enough about V3 to give you a good answer.

  2. Now that AaveV3 is out, V3 code will be split into three different repositories – V3 Core, V3 Peripheral, V3 Deployment, compared to the V2 single repository。


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