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

6 months ago
News Bytes - Aave Proposal Aims to Safeguard Against DAI's Rapid Market Cap IncreaseThe Aave Risk Framework Committee (ARFC) has projected adjustments to the hazard parameters of the dai (DAI) stablecoin to mitigate imaginable risks associated with Makerdao’s assertive enlargement of the DAI recognition line. The proposal, initiated by the Aave Chan Initiative (ACI) team, suggests mounting the loan-to-value (LTV) ratio for DAI to 0% crossed each Aave […]
View source