June 15 (Cointime) - Gauntlet, a DeFi risk management project, has advised Aave's governance body to freeze Curve DAO Tokens associated with a loan position linked to Curve Finance founder Michael Egorov. Gauntlet is a contributor to Aave and focuses on strengthening the platform's security.

The recommendation was made after Gauntlet examined the risk profile of the wallet in question, which heavily relies on CRV tokens as collateral. The freezing of CRV is intended to mitigate bad debt risk and incentivize the account holder to reduce borrowing or diversify collateral forms.

Despite the account maintaining a health factor of 1.6, Gauntlet implied that there could be potential future risks if the account continues to use CRV as collateral, especially considering the recent reduction in CRV liquidity.