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The Aave community voted to approve the temperature check proposal to "reduce the borrowing limit for long-tail assets on Aave V3 Ethereum."

2024-03-23 22:54:12
Collection

ChainCatcher news, according to the Snapshot governance page, the Aave community voted to approve the "temperature check proposal to lower the borrowing limit for long-tail assets on Aave V3 Ethereum."

It is reported that the proposal states that this move aims to minimize the theoretical risks of long-tail debt on Aave, and intends to further mitigate the impact of debt asset volatility on the protocol by implementing significantly reduced borrowing limit values.

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