# Aave Weekly: Protocol Performance & Governance Update **URL:** \ **Category:** Governance\ **Created:** [December 8, 2020, 3:59pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660 "2020-12-08T15:59:37Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [December 8, 2020, 3:59pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/1 "2020-12-08T15:59:37Z")
Thomas Jefferson said “Whenever the people are well-informed, they can be trusted with their own government” $AAVE holders already govern Aave, this thread regroups the Aave Weekly Newsletters with insights on protocol liquidity and income as well as the top governance discussions ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [December 8, 2020, 4:00pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/2 "2020-12-08T16:00:04Z")
![Aave Weekly 49](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/1X/d56ee70686f0c58cf81cae4956a5630fe4b00680.jpeg) ---
**Author:** ![defidude](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/defidude/32/8_2.png) [@defidude](https://governance.aave.com/u/defidude)\ **Post date:** [December 10, 2020, 4:26am UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/3 "2020-12-10T04:26:05Z")
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**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [December 15, 2020, 10:02am UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/4 "2020-12-15T10:02:40Z")
![Aave Weekly - Week 50](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/1X/0d139923c699197ff1771417be9d5b364de3a23c.jpeg) ---
**Author:** ![CryptoRand](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/cryptorand/32/274_2.png) [@CryptoRand](https://governance.aave.com/u/CryptoRand)\ **Post date:** [December 19, 2020, 10:42pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/5 "2020-12-19T22:42:44Z")
Let’s follow up with this Henry Ford quote: It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. [Henry Ford](https://www.brainyquote.com/authors/henry-ford-quotes) That day might be upon us. ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [December 22, 2020, 10:33am UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/6 "2020-12-22T10:33:02Z")
![Aave Weekly - Week 51 (1)-02](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/1X/cbca3e7e72ec0e957aa3190ecb72e9a89b548c63.jpeg) ---
**Author:** ![Trident5000](https://avatars.discourse-cdn.com/v4/letter/t/7bcc69/32.png) [@Trident5000](https://governance.aave.com/u/Trident5000)\ **Post date:** [December 27, 2020, 5:26pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/7 "2020-12-27T17:26:29Z")
Just to be clear, the $23.3M is the current annualized fees/income to token holders, correct? Thanks for putting this together looks good. ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [December 27, 2020, 5:45pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/8 "2020-12-27T17:45:04Z")
It’s the annualised income generated by the protocol going to depositors and liquidators. In V2 the Reserve Factor directs a share of the interests to the ecosystem reserve to sustain the Aave DAO. As an $AAVE holder you can secure the protocol by staking your tokens in the Safety Module compensated at a current 4.8% APY (financed by the ecosystem reserve). This exposes to slashing risk with up to 30% of the stake at risk in case of shortfall event. ---
**Author:** ![Trident5000](https://avatars.discourse-cdn.com/v4/letter/t/7bcc69/32.png) [@Trident5000](https://governance.aave.com/u/Trident5000)\ **Post date:** [December 27, 2020, 6:00pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/9 "2020-12-27T18:00:08Z")
> [@Alex\_BertoG](#): > > ure the protocol by staking your token Thanks for your reply. Apologies for my ignorance. Trying to get up to speed here. I guess ill just rephrase the question as I look at the safety module architecture… : It looks like the “fee collection” goes to the 1) safety module, the 2) backup module, and 3) oracles. Im just trying to understand the total “fee collection” and if it can be found in your presentation. ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [December 29, 2020, 12:38pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/10 "2020-12-29T12:38:11Z")
![Aave Weekly 52-01](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/1X/27cfab14d4e3ec027084ff8ca876814d26cc63e0.jpeg) ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [December 29, 2020, 12:41pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/11 "2020-12-29T12:41:31Z")
Hi @Trident5000 Here is a breakdown of the income distribution : 1. Interests go to depositors, in V2, a share is directed to the ecosystem reserve with the reserve factor. I have added it in the Aave Weekly 52 Analysis 2. Flash Loan fees go to depositors 3. Liquidation Bonus go to liquidators Currently the Safety Module incentives are sustained by the ecosystem reserve initial funding ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [January 5, 2021, 11:58am UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/13 "2021-01-05T11:58:51Z")
![Aave Weekly 2020-53](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/1X/2a8587e94ca9b0fc22fd08b0611165bea2ccb99a.jpeg) ---
**Author:** ![Sunshine](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/sunshine/32/601_2.png) [@Sunshine](https://governance.aave.com/u/Sunshine)\ **Post date:** [January 5, 2021, 12:43pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/14 "2021-01-05T12:43:26Z")
Thx for the weekly report! Really neat. ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [January 12, 2021, 2:47pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/15 "2021-01-12T14:47:48Z")
![Aave Weekly 2021-2](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/1X/8dcd96c0632d42de899eddb283c05414f5d67b44.png) ---
**Author:** ![Dydymoon](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/dydymoon/32/1743_2.png) [@Dydymoon](https://governance.aave.com/u/Dydymoon)\ **Post date:** [January 13, 2021, 2:25am UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/16 "2021-01-13T02:25:48Z")
Thank you for the split between Depositors and Ecosystem collector ! It’s easier to follow 🙂 ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [January 19, 2021, 1:34pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/18 "2021-01-19T13:34:35Z")
![Aave Weekly 2021W3](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/1X/d180c836722c59418c74f5def4b68f888a3d72c3.jpeg) ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [January 26, 2021, 3:06pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/19 "2021-01-26T15:06:01Z")
![Aave Weekly 2021-W4-01](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/1X/af52df8c22718df18b63fb84ed10c65e748f6474.jpeg) ---
**Author:** ![Alex\_BertoG](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/alex_bertog/32/5195_2.png) [@Alex\_BertoG](https://governance.aave.com/u/Alex_BertoG)\ **Post date:** [February 2, 2021, 3:17pm UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/20 "2021-02-02T15:17:13Z")
[Aave Weekly 2021W5.pdf](https://governance.aave.com/uploads/short-url/lrcDCCa9m3zO4D6ThWK2iABpogq.pdf) (3.1 MB) ![Aave Weekly 2021W5](https://europe1.discourse-cdn.com/flex013/uploads/aave/original/1X/587e48fa23db51ef1f5629a143361b50cc05c78c.jpeg) ---
**Author:** ![A5burger](https://avatars.discourse-cdn.com/v4/letter/a/ecd19e/32.png) [@A5burger](https://governance.aave.com/u/A5burger)\ **Post date:** [February 4, 2021, 4:30am UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/21 "2021-02-04T04:30:25Z")
Thanks Alex, great work. ---
**Author:** ![Freshprana](https://avatars.discourse-cdn.com/v4/letter/f/45deac/32.png) [@Freshprana](https://governance.aave.com/u/Freshprana)\ **Post date:** [February 4, 2021, 5:42am UTC](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660/22 "2021-02-04T05:42:15Z")
Hello Alex and community, thanks for the great work. If I may bring this to your attention, Celsius wallet is now offering a better APY to stake my AAVE (7.5% versus 6.14%). May I propose that we increase the total emissions per day to match this? Otherwise, stakers will be incentivized to move their funds to Celsius. Let me know what you think. Thank you. [Next page](https://governance.aave.com/t/aave-weekly-protocol-performance-governance-update/1660.md?page=2)