According to Odaily, Chaos Labs has initiated a new proposal on the official Aave governance forum. The proposal suggests an increase in the supply and borrowing limit of USDT on Aave V3, which operates on the Ethereum platform. The move is seen as a strategic step to enhance the functionality and efficiency of the Aave V3 platform. However, the proposal is still under review and awaits approval from the Aave governance community. The decision will be based on the consensus of the community members. The outcome of this proposal could significantly impact the operations of Aave V3 on Ethereum, particularly in terms of liquidity and transaction volume.
