Aave has started to upgrade to version V2.

According to reports, the Aave fair loan process started to upgrade to V2 version today and the LEND token gradually became the AAVE token. The Aave LEND protocol token was converted to AAVE tokens at a height of 10,978,863 in a 100: 1 ratio. According to Block Explorer, at the time of publication 3.8% of LEND tokens had switched to new AAVE tokens. According to previous news, the Aave LEND token will migrate (assembled) to the new AAVE token in a 100: 1 ratio. Aave's total assets are 16 million, from 13 million will be distributed to LEND bars. An additional 3 million will be allocated to the Aave ecosystem reserve.