Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase
The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao’s aggressive expansion of the DAI credit line. The proposal, initiated by the Aave Chan Initiative (ACI) team, suggests setting the loan-to-value (LTV) ratio for DAI to 0% across all Aave […]
Go to Source
Author: Bitcoin.com
Related posts:
- Major Cryptocurrency ATM Manufacturer General Bytes Hacked, Over $1.5M in Bitcoin Stolen
- Stablecoin Sector Expands by $4.95B in 12 Days, USDE Sees 376% Supply Increase, Tether Hits $103B
- Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900
- Stablecoin Market Surpasses $150B, a First in 18 Months, After $980M Growth in 5 Days