Aave Labs@aave·Feb 02

In the Aave Fam we have a saying, “Leave no Ghost Behind” 👻 , we are applying this same approach when migrating our community from V2 to V3 . We built this migration tool for ETH, Polygon and Avalanche markets

To migrate to V3 in a single transaction, all you need to do is head to the V2 dashboard

👆Select the supply and borrow positions you would like to migrate 🌅 Click ‘Preview tx and migrate’ ✍️ Sign approval for each position* ➡️ Submit migration transaction

If you have open positions, the migration tool will inform you of your new Health Factor 💪 on both V2 and V3. Please be mindful of this new Health Factor to mitigate liquidation risks.

V3 Migration Tip 👍 : it is recommended to migrate no more than five assets in a single migration transaction.

In just under a week ∼$33m of deposits have been moved from V2 -> V3 via the migration tool. Dive into this dashboard to get an overview of the ongoing V3 ETH activity dune.com/xmc2/aave-v3-ethereum

🛠️ Technical implementation here: github.com/bgd-labs/V2-V3-migration- 📑 Migration tool contract here: github.com/bgd-labs/V2-V3-migration-helpers/blob/main/src/contracts/MigrationHelper.sol

We are building with our community, if you have any feedback or questions please drop them in the comments below

Post by @aaveaave.lens