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
- 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.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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