Aave Community Proposes Risk Adjustments

in #aave10 days ago

🚨 BIG NEWS from the Aave community! 🚨

They've proposed adjustments to the RISK PARAMETERS for all assets in the V3 Scroll instance:

• 📈 Increase in RESERVE FACTOR
• 📉 Lowering of BORROWING LIMITS

These changes aim to tackle potential risks from governance instability in the Scroll ecosystem.

The goal? To PROTECT the protocol and its USERS!

This proposal showcases the ongoing efforts in DeFi to enhance SECURITY and STABILITY, which are vital for maintaining user trust.

#Aave #DeFi #RiskManagement #Blockchain #Cryptocurrency
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