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DOGE $0.0903 +0.46%
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BCH $260.08 +0.02%
LINK $12.59 -0.87%
HYPE $86.05 +2.04%
AAVE $129.65 -1.71%
SUI $0.8208 -0.37%
XLM $0.1898 -0.82%
ZEC $1,241.16 +9.67%

The Aave proposal on "Reducing V2's Risk Exposure to CRV" has passed on-chain voting

2023-07-02 16:13:35

ChainCatcher message, the governance page shows that the Aave proposal to "reduce the liquidation threshold (LT) and loan-to-value (LTV) of CRV on Aave V2 Ethereum" has passed on-chain voting.

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, reducing by up to 3% in any given AIP. (source link)

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