PANews June 3 news, according to the Aave community forum, AAVE will officially launch the Umbrella system on June 5, 2025, allowing users to stake aToken to mitigate protocol bad debts and earn rewards. This mechanism replaces the old methods of staking AAVE and stkABPT, addressing bad debts through the direct destruction of aToken, achieving higher capital efficiency and an objective triggering mechanism. Initially, it will be enabled on networks such as Ethereum, Arbitrum, Avalanche, and Base, covering major assets like USDC, USDT, and WETH. Umbrella has completed development and auditing and is ready for launch.
