#Aave Community New Proposal: Stripping WBTC
Aave community member LlamaRisk proposed a new proposal to strip WBTC, with specific measures including:
1. Reduce WBTC LTV on all V3 instances (Ethereum, Arbitrum, Avalanche, Harmony, Optimism, and Polygon) to 0 to prevent additional borrowing with WBTC collateral, but without affecting the positions of existing users.
2. Reduce the supply and borrowing caps to 5-10% higher than the current utilization rate, limiting the additional risk of WBTC while allowing users to flexibly adjust their positions.
What do you think of this proposal? See the comments section! 💬