Aave community launches proposal to divest WBTC
09-20 02:33
Odaily News Aave community member LlamaRisk initiated a proposal to divest WBTC, including: · Reduce WBTC LTV on all V3 instances (Ethereum, Arbitrum, Avalanche, Harmony, Optimism, and Polygon) to 0, preventing additional borrowing with WBTC collateral without affecting the positions of existing users. · Reduce the supply and borrowing caps to 5-10% above the current utilization rate, limiting additional risk for WBTC while allowing users to flexibly adjust their positions.
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