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

https://ift.tt/fMF3Neu
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 […]

from Bitcoin News https://ift.tt/B2zhNFV