Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase

4 weeks ago 13
MyIPFS Script: Gateway to Your IPFS Network

News Bytes - Aave Proposal Aims to Safeguard Against DAI's Rapid Market Cap IncreaseThe 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 […]

BitNews.press shares this Content with License.

Read Entire Article

Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase