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
