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ETH $1,913.57 +0.65%
BNB $590.69 -0.36%
XRP $1.03 -0.60%
SOL $73.86 +1.66%
TRX $0.3275 +0.15%
DOGE $0.0698 +1.03%
ADA $0.2008 +0.35%
BCH $215.66 +1.17%
LINK $8.19 -0.29%
HYPE $54.22 -2.87%
AAVE $89.47 -1.31%
SUI $0.6778 +0.45%
XLM $0.1618 -0.44%
ZEC $507.19 +0.37%

The Aave community conducts on-chain voting on the proposal to "reduce V2's risk exposure to CRV."

2023-07-01 20:10:58

ChainCatcher message, the governance page shows that the Aave community is conducting an on-chain vote on the proposal to "reduce the liquidation threshold (LT) and loan-to-value (LTV) of CRV on Aave V2 Ethereum." There are 20 hours left until the voting ends, and the current support rate is 100%.

It is reported that this proposal aims to reduce Aave's CRV risk exposure on V2 Ethereum, suggesting to achieve the intended settings through a series of incremental reductions according to the risk mitigation framework previously approved by the community, with a maximum reduction of 3% in any given AIP. (source link)

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