Hello,
We wanted to provide a brief update on Aera. We are currently working on V3 and are excited to share more details soon. Aera V3 will have a ton of new features that will improve performance and will launch in Q2 of this year. In the meantime, We wanted to let the community know that we are planning to double down on the Aera Treasury Vaults and sunset the Aera payments vaults later this year. We want to ensure all existing users have a great experience and will continue to support them, but are not onboarding new customers at this time to the payments feature.
The best way for us to deliver value is to improve the performance of the Compound Treasury. We will update the community soon on Aera v3 and all of the improvements coming there that will help Compound continue to grow its reserves.
We will:
- Service all existing customers until the completion of their current streams
- When those complete, return any leftover funds to the DAO
- Continue to do everything we can to improve performance on the Compound Reserve vault, including eventually migrating to V3
Any service providers can use other solutions like Llamapay or Sablier going forward.
Once again - we can’t wait to share more about Aera v3 and how it will help Compound, and plan to do so soon.
Thanks,
The Aera Team