April 20, 2024

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

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