About $ETH rates and why there’s not much to worry about 1) Justin moving billions around happens every other week; he always deposits back. 2) Instant APY is quite meaningless; the average borrow rate of ETH stays sustainable. You should enjoy the nice supply yield boost while it lasts (won’t last long). 3) Aave can and has flattened the interest rate curve to reduce pain for borrowers via risk steward. We are the only protocol with quick counter-measure tools to help users. 4) Aave has the largest network of LPs and deepest liquidity of all crypto; this is why these kinds of events are quickly resolved. When I write this, borrow rates are back to 3.6%. 5) We currently have $10 billion of ETH liquidity; this means our $ETH books alone are larger than the entire size of the second biggest lending protocol. The larger we grow, the less impact an outlier liquidity event has on us. This is an Aave unfair advantage over everyone else; liquidity is king. 6) Fixed lending is a great idea, and V4 allows this, but the core of a lending protocol must be market floating rates as it’s the most fair model. 7) Rates are already back very close to normal and will be back to usual in a few hours. If you read a typical concern thread telling you Aave, Lido, DeFi, and ETH will die, safely mute them and move on. Just use Aave.