Aave Labs details multi-layer security framework for Aave V4 following $1.5 million DAO-funded audit

Aave Labs has released a comprehensive smart contract security blueprint for the upcoming Aave V4 upgrade, following a $1.5 million audit and verification program approved by the Aave DAO. The team outlined roughly a year of formal verification, layered reviews, testing and a public security contest, and committed to keeping these practices, including a permanent bug bounty, for future protocol development. The disclosure comes as governance tensions in the Aave ecosystem increase around funding decisions, contributor exits and the protocol's strategic direction.