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TechFlow reports that the Aave community has passed the on-chain vote for the "Prohibit Additional CRV Collateral Borrowing" proposal with 100% support, which was executed yesterday. The proposal was submitted by DeFi risk manager Gauntlet, stating: "Due to the recent decline in CRV liquidity, we recommend setting the CRV LTV on Aave V2 Ethereum to 0 to prevent additional borrowing against existing CRV collateral."
The Aave community passed the on-chain vote for the proposal "Prohibit additional CRV collateralized borrowing" with 100% support, and it was executed yesterday. The proposal was put forward by DeFi risk manager Gauntlet, stating, "Due to recent declines in CRV liquidity, we recommend setting the CRV LTV on Aave V2 Ethereum to 0 to prevent additional borrowing against existing CRV collateral."
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