# \[ARFC\] BGD. Aave v3.4

**URL:** <https://governance.aave.com/t/arfc-bgd-aave-v3-4/21572>\
**Category:** Development\
**Created:** [March 26, 2025, 10:31am UTC](https://governance.aave.com/t/arfc-bgd-aave-v3-4/21572 "2025-03-26T10:31:25Z")\
**Posts on this page:** 4\
**Page:** 2

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**Author:** ![bgdlabs](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/bgdlabs/32/1829_2.png) [@bgdlabs](https://governance.aave.com/u/bgdlabs)\
**Post date:** [June 28, 2025, 1:56pm UTC](https://governance.aave.com/t/arfc-bgd-aave-v3-4/21572/22 "2025-06-28T13:56:42Z")

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We have created the on-chain AIP for the Aave Governance to approve and execute the upgrade of all Aave pools from v3.3 to v3.4.

Voting will open in approximately 24 hours, participate 👻  
[https://vote.onaave.com/proposal/?proposalId=334](https://vote.onaave.com/proposal/?proposalId=334)

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**Author:** ![bgdlabs](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/bgdlabs/32/1829_2.png) [@bgdlabs](https://governance.aave.com/u/bgdlabs)\
**Post date:** [July 2, 2025, 2:15pm UTC](https://governance.aave.com/t/arfc-bgd-aave-v3-4/21572/23 "2025-07-02T14:15:28Z")

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[Aave Governance proposal 334](https://vote.onaave.com/proposal/?proposalId=334), upgrading all Aave pools from Aave v3.3 to Aave v3.4 (first component of the split version), has been voted positively by AAVE holders, and it has now entered the timelock.  
That means that the upgrade will happen in ~24h from now.

As a reminder, the Dolce Vita program will settle all outstanding GHO discounts on all applicable positions during the next hours, for GHO borrowers to still accrue that discount. **But GHO borrowing will not have anymore discount post-upgrade**.

  

In parallel, we can confirm the audits for the second component of the original v3.4 (now named v3.5) are almost finished, so the proposal to activate it will be submitted soon after, with an ETA of 1-2 weeks. As usual, we will disclose the final details on this forum before any on-chain proposal.

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**Author:** ![bgdlabs](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/bgdlabs/32/1829_2.png) [@bgdlabs](https://governance.aave.com/u/bgdlabs)\
**Post date:** [July 21, 2025, 8:19am UTC](https://governance.aave.com/t/arfc-bgd-aave-v3-4/21572/24 "2025-07-21T08:19:32Z")

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> [@bgdlabs](#):
>
> → v3.5

For visibility, we have now published the final version of the second component of the original v3.4 upgrade, labelled v3.5.

> [@\[Direct-to-AIP\] BGD. Aave v3.5 (v3.4 part 2)](https://governance.aave.com/t/direct-to-aip-bgd-aave-v3-5-v3-4-part-2/22639):
>
> Simple summary Introducing Aave v3.5, an upgrade to improve the mathematical precision of the Aave v3 protocol by defining more explicit rounding directions on user actions. The codebase of Aave v3.5 can be found [HERE](https://github.com/aave-dao/aave-v3-origin/pull/133), with a high-level description of what’s included in the release [HERE](https://github.com/aave-dao/aave-v3-origin/blob/25115b2d1d6f166b3f492a4cc329f475ae266e62/docs/3.5/Aave-v3.5-features.md). Aave v3.5 changes were originally included in the previously applied v3.4, but to reduce the complexity of the v3.4 upgrade and to review/audit them independently, we decided to split the originally proposed v…

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**Author:** ![0xmonk](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/0xmonk/32/9262_2.png) [@0xmonk](https://governance.aave.com/u/0xmonk)\
**Post date:** [November 7, 2025, 9:48am UTC](https://governance.aave.com/t/arfc-bgd-aave-v3-4/21572/25 "2025-11-07T09:48:38Z")

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> [@bgdlabs](#):
>
> **So I will not have a GHO discount on the protocol after v3.4?**
> 
> Not natively, but in practice, you will with the new anti-GHO proposed on the aavenomics: once that mechanism is activated, by holding staked AAVE token, you will receive anti-GHO that can be used to “burn” GHO debt on Aave v3 Ethereum core.
> 
> The discount “accrued” up until the v3.4 upgrade proposal will be applied to your

When is anti GHO is going live? Any ETA?

[Previous page](https://governance.aave.com/t/arfc-bgd-aave-v3-4/21572.md?page=1)
