Aave V3 markets have been unpaused by the Community Guardian, signaling the resolution of the issues that prompted the temporary measures. The move follows the execution of a governance proposal voted on earlier.

Additionally, Aave V2 Ethereum is anticipated to be unpaused tomorrow, a decision accelerated due to block times on voting and operational considerations.

Aave Resumes Operations

Decentralized lending protocol Aave has successfully resumed operations after implementing precautionary measures earlier this month in response to security vulnerabilities. In turn, the Aave DAO expressed gratitude for the prompt action taken by the Community Guardian in unpausing affected Aave V3 markets.

Affected Aave V3 markets have been unpaused by the Community Guardian following governance proposal execution. Thanks to the Aave DAO for their prompt action.

For further details on the Ethereum V2 market follow the governance discussion here:https://t.co/fUXbtxjfMf https://t.co/EJW3NhY63s

— Aave (@aave) November 12, 2023

On November 4, Aave temporarily paused its V2 Ethereum market and suspended assets on Avalanche, Polygon, Arbitrum, and Optimism. Other Aave markets, such as Aave V3 on Ethereum, Base, and Metis, as well as Aave V2 on Polygon and Avalanche, remained unaffected.

The team temporarily halted the markets due to a reported problem with a specific feature. The pause was described as a precautionary measure following the identification of vulnerabilities.

Although the specific problem or feature causing the issue was not disclosed, Aave assured users that they could still withdraw and repay positions from the affected assets pool. However, no further supply or borrowing can occur from the frozen assets pool until the problem is resolved.

Aave submitted a governance proposal to restore normal protocol o