The Aave community has approved the proposal to "Adjust risk parameters to reduce the risk exposure of CRV on Aave V2 Ethereum."

2023-06-25 12:21:42
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ChainCatcher news, the Snapshot voting page shows that the Aave community's ARFC proposal to "reduce the liquidation threshold (LT) and loan-to-value ratio (LTV) of CRV on Aave V2 Ethereum" has been passed with a support rate of 99.99%.

Previous news reports that the proposal was put forward by Chaos Labs, suggesting to reduce Aave's risk exposure to CRV on V2 Ethereum according to its recommendations, proposing to lower its LT and LTV by 3% respectively. If consensus is reached, an Aave Improvement Proposal (AIP) will be submitted to implement the proposed updates. (Source link)

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