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Aave is looking to deploy advanced new DeFi features in V3 protocol

Top DeFi protocol Aave is currently passing a governance vote for the implementation of V3. According to a recent post, the V3 protocol update is necessary to keep up with the continued growth of the DeFi ecosystem.
“After these two years of substantial growth, this Aave Request for Comment (ARC) to Aave Governance seeks community approval for a new iteration of the Aave Protocol: Introducing Aave V3.”
Voting is still live on Snapshot, with the current result showing near 100% of votes in favor of supporting the V3 proposal.
As a certain shoo-in for implementation, what should the community expect in terms of improvements?
What does V3 entail?
Aave V3’s proposal underlines the increasing importance of cross-chain compatibility, and orientation towards Ethereum Layer 2s as well. Devs also mention increasing capital efficiency and enhancing the user experience through better security.
“The design of V3 is poised to create the next generation Layer-0 DeFi prot

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