🔍 Aave is considering shutting down on Polygon due to concerns over bridge asset risk.
- Proposal from Marc Zeller calls for risk parameter adjustments on Aave v2 & v3.
- This move is aimed at mitigating the risk of bridge vulnerabilities, especially after the Multichain and Harmony hacks.
- Proposal includes setting the LTV ratio to 0% and freezing some assets.
🔗 Polygon is discussing using $1.3 billion stablecoins to generate yield on Ethereum, but is facing community pushback due to risk concerns.
💬 What do you think about these moves? Share your thoughts!#Crypto#Blockchain #DeFi