Foresight News reported that Aave contributor bgdlabs has initiated an ARFC proposal regarding the update of Aave v3.4 version. The changes to Aave v3.4 include: migrating custom GHO on v3 Core to standard a/v Token without the need for user migration; Introduce a new position manager role that can perform a limited number of operations, and each user can selectively configure it; Cancel the direct injection of lightning loan fees into suppliers to reduce the complexity of increased liquidity index and overall protocol security model; Open DAO to redistribute costs asynchronously, allowing suppliers and/or Umbrella equity holders to protect assets; Upgrade the core protocol smart contract to Solidity 0.8.27, etc.