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Aave Proposal Seeks Higher Borrowing Limits For ETH And Bitcoin Collateral

Bitcoinist
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Aave Proposal Seeks Higher Borrowing Limits For ETH And Bitcoin Collateral

TL;DR An Aave ARFC proposes higher collateral efficiency for ETH- and Bitcoin-linked assets. The proposal would raise WETH LTV to 81% and liquidation threshold to 84%. The parameters are still under governance discussion and are not yet live. Aave governance is considering whether borrowers should be able to extract more capital against some of the […]

Key Takeaways

  1. TL;DR An Aave ARFC proposes higher collateral efficiency for ETH- and Bitcoin-linked assets.
  2. The proposal would raise WETH LTV to 81% and liquidation threshold to 84%.
  3. The parameters are still under governance discussion and are not yet live.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.