Gauntelet launches proposal to “restart v3 CRV lending on ETH/Polygon”
DeFi risk manager Gauntlet has proposed to restart Aave v3 CRV lending on ETH/Polygon in the Aave community. The motivation for the proposal is due to the large number of CRV positions on Aave v2 during the Vyper vulnerability exploit. As a result, Ethereum and Polygon v3 disabled CRV lending, hoping to reduce the downward trend in CRV prices. Currently, most high-risk CRV positions have left, so Gauntlet proposes to restart CRV lending. The proposal will end at 04:07 on November 25th Beijing time. As of now, the required number of votes has been reached, and the approval rate is 99.98%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana considers lattice-based scalability and quantum threat solutions to outpace Ethereum
Solana's network upgrades aim to optimize billions of accounts and secure against quantum advances.
Vitalik Buterin champions decentralized defense against AI risks
Buterin emphasizes decentralization in AI safety, advocating for defense-driven technologies over centralized control.
OCBC Offers Fractional Bond Tokens for Corporates Investors
Report: Telegram Handed Over User Data in 2,000 Cases in 2024
The company complied with 900 requests, impacting a total of 2,253 users between October and December.