# AMPL problem on Aave v2 Ethereum **URL:** \ **Category:** Other\ **Created:** [December 19, 2023, 2:10pm UTC](https://governance.aave.com/t/ampl-problem-on-aave-v2-ethereum/15886 "2023-12-19T14:10:43Z")\ **Posts on this page:** 1\ **Showing post:** 69
**Author:** ![QuantumEvolver](https://avatars.discourse-cdn.com/v4/letter/q/ecd19e/32.png) [@QuantumEvolver](https://governance.aave.com/u/QuantumEvolver)\ **Post date:** [March 23, 2024, 1:55pm UTC](https://governance.aave.com/t/ampl-problem-on-aave-v2-ethereum/15886/69 "2024-03-23T13:55:27Z")
First, the smart contract was faulty from start, and AMPL and AAVE are responsible for this. In order to make an absolutely correct calculation, it is necessary to perform a huge and unrealistic number of calculations, taking into account absolutely all input-output transactions, based on an erroneous contract. Also, at what speed in each second the % increase was received for investors. Take into account the rebasing every day, and how the error in the smart contract affected this during negative-positive rebasings. All these calculations can only be made approximately and not absolutely accurately; now it will simply not be possible. Therefore, the calculations that are offered to us are approximate by default, and do not take into account all the input data that is necessary for an accurate calculation. Please also note, not understanding how the AMPL protocol works, that AAVE unilaterally has significantly reduced the already low % that AMPL depositors receive here - > [@\[ARFC\] - Chaos Labs RF and IR Updates - Aave V2 Ethereum - 2023.11.24](https://governance.aave.com/t/arfc-chaos-labs-rf-and-ir-updates-aave-v2-ethereum-2023-11-24/15661): > > Summary A proposal to update Reserve Factors and IR curves for frozen assets on V2 Ethereum as part of the ongoing deprecation plan. Motivation In the past several months, the community is in the process of gradually winding down the V2 markets via a series of LT reductions and incremental increases in RFs. These efforts have been ongoing with the following proposals already implemented: [[ARFC] Chaos Labs - Incremental Reserve Factor Updates - Aave V2 Ethereum](https://governance.aave.com/t/arfc-chaos-labs-incremental-reserve-factor-updates-aave-v2-ethereum/13766)[[ARFC] Freeze CRV on V2](https://governance.aave.com/t/arfc-gauntlet-recommendation-on-freezing-crv-for-aave-v2-ethereum/14428)[[ARFC] C…](https://governance.aave.com/t/arfc-chaos-labs-risk-parameter-updates-aave-v2-ethereum-2023-6-23/13789) and later once again here - [[ARFC] AMPL Interest Rate Updates on V2 Ethereum](https://governance.aave.com/t/arfc-ampl-interest-rate-updates-on-v2-ethereum/16189) --- _[View the full topic](https://governance.aave.com/t/ampl-problem-on-aave-v2-ethereum/15886)._