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BCH $259.07 +0.45%
LINK $12.57 -0.69%
HYPE $86.77 +3.20%
AAVE $130.05 -0.91%
SUI $0.8241 +1.03%
XLM $0.1904 +0.29%
ZEC $1,233.89 +9.62%

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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