The Aave community has initiated a proposal to strip WBTC
Aave community member LlamaRisk has initiated a proposal to strip WBTC, with specific proposals including: ·Lowering the WBTC LTV on all V3 instances (Ethereum, Arbitrum, Avalanche, Harmony, Optimism and Polygon) to 0 to prevent additional borrowing against WBTC collateral without affecting existing users' positions. ·Reducing supply and borrowing caps to levels 5-10% higher than current utilization rates to limit additional risk of WBTC while allowing users flexibility in adjusting their positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Secretary of the National Security and Defense Council of Ukraine and his team have departed for the United States.
Shanghai's fintech industry scale in 2024 is approximately 440.5 billions yuan.
A certain whale shorted 5,000 ETH with 5x leverage, worth approximately $15.02 million.
Froggie market cap is now $8.18 million, with a 24-hour increase of 37.09%.
Trending news
MoreCrypto prices
More
