Cointime

Cointime

Download App
iOS & Android
Home / Projects

Aave Token Holders Vote on Governance Proposals to Address Liquidation Risk from Curved Founder's Borrowing Position

Aave token holders are currently voting on two governance proposals aimed at reducing the systemic liquidation risk caused by Curved founder Michael Egorov's large borrowing position on the lending protocol. The proposals seek to disable the borrowing of CRV, the native governance token for stablecoin exchange Curve, on Ethereum and Polygon V3, as well as reduce the liquidation threshold of CRV.

AAVE
Comments

All Comments

Recommended for you

  • The country's first digital RMB-based intellectual property securitization product was successfully issued

    "Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project.

  • APT breaks through $9.5

    market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control.

  • BTC falls below $72,000

    the market shows BTC has fallen below $72,000, currently trading at $71,959.7 with a 24-hour increase of 0.69%. The market is volatile, please be prepared for risk control.

  • BTC breaks through $67,300

    market data shows that BTC has broken through $67,300 and is currently trading at $67,301.99, with a 24-hour increase of 0.56%. The market is volatile, so please be prepared for risk management.

  • BTC falls below $67,000

    the market shows BTC has fallen below $67,000 and is now trading at $66,999.23, with a 24-hour decline of 0.6%. The market is volatile, so please be prepared for risk control.

  • BTC breaks through $67,000

    According to Jinse Finance, the market shows that BTC has broken through $67,000 and is now trading at $67,002, with a 24-hour decline narrowing to 1.51%. The market is volatile, please be prepared for risk control.

  • IBIT had a net inflow of US$291 million yesterday

    According to data from Bloomberg Terminal, the net inflow of $291 million was recorded yesterday for the BlackRock Bitcoin Spot ETF IBIT.

  • SUI breaks above $2

    market shows SUI breaking through $2 and currently trading at $2.01, with a 24-hour increase of 7.49%. The market is volatile, so please manage your risks.

  • BTC breaks through $67,000

    the market shows BTC has broken through $67,000 and is currently trading at $67,011.99, with a 24-hour decline of 0.26%. The market is volatile, so please be prepared to manage risks.

  • A whale who was long on ETH/BTC exchange rate was liquidated after the Aave loan health rate broke 1

    According to on-chain analyst Yu Jin's monitoring, with last night's decline, the ETH/BTC exchange rate fell to a minimum of 0.047. Six hours ago, a whale who has been longing for the ETH/BTC exchange rate since March 2023 experienced liquidation again as the health rate of the loan in Aave fell below 1, and liquidated 2701 ETH (worth about 8.74 million US dollars) to repay the 123.7 WBTC loan. Currently, the whale's loan health rate in Aave is 1.01, still on the edge of the liquidation line. If the ETH/BTC exchange rate continues to decline, its collateral will continue to be liquidated.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company