Hi, I would like to give some input into Aave as we are now able to do some by ourselves!
My suggestion is to add more value to Aave.
Why do we need value for Aave?
Right now Aave is having a solid system, there are plenty people using the Dapp and it is safe. No hacks, no critical bugs. But what about the token itself? What usecase does is have? Right now the only use case is to stake, provide liquidity and farm a little bit and take part in AIP.
This means, if you aren’t really interested in these topics you are just a hodler or trader. But what are the benefits then for you? Not that much.
My proposal is to add value to hodler or trader and even user of Aave market.
How could this look like?
Well, in my opinion the Aave token should be used for lower fees. A good example for this would be ybitpanda with the token Best. With Best you are able to save fees within their whole ecosystem. So adapted on Aave this would mean, if you want to take a loan your fees will be x%, but if you hold or use Aave your fees will be deducted by x%.
There could be 2 possible scenarios, either you have to hodl them and reach a special level. E.g. For Aave Level 1 you will need 50 Aave and your fees will be reduced by x%. Or the other way could be that, whenever you want to take a loan or borrow or whatever, you can use Aave to reduce your fees and these Aave will be collected and monthly distributed to hodler that are having a special amount of Aave. For example you must hodl at least 20 Aave to be egliable.
And this example could be used in every market to benefit from using the token. Either if you are just a hodler or active platform user or even both.
The next usecase for Aave could be that if you are providing liquidity in Dai and also add some Aave ( like in a uniswap pool) then you will be higher rewarded. In this case a level system could be possible again.
Please feel free to comment and tell me if I got something wrong or if you do even have better ideas!
Because we are know the ones who need to buidl!
Help me and Aave to make it even aavesomer