Odaily Planet Daily News Aave community recently launched a new ARFC proposal, suggesting to hardcode the price of Ethena's USDe to match the USDT in Aave's feeding prices. The proposal was co-authored by Chaos Labs and LlamaRisk and submitted on January 3, aiming to protect Aave users from secondary market volatility. Notably, LlamaRisk is a member of the Ethena Risk Committee. The proposal states: "By directly linking the value of USDe to USDT, we will align the sUSDe oracle with USDT pricing, ensuring seamless integration and avoiding disruptions caused by temporary fluctuations in USDe's price." Aave currently uses Chainlink's USDe/USD price information to assess staked USDe (sUSDe), which is the staked version of USDe. According to previous reports, under this proposal, a 5% drop in USDe's price or over $300 million in USDe-backed loans on Aave may face liquidation risks, potentially triggering collateral sell-offs to repay outstanding debts. The proposal notes: "To mitigate risks associated with USDe's decoupling events, we recommend hardcoding USDe's price to USDT." This proposal has raised skepticism among Aave users, questioning whether this approach addresses the fundamental risks. "Given that USDe is not genuinely intended to be a stablecoin, hardcoding USDe's price to USDT seems a bit risky," user Hazbobo pointed out, "What are the extreme risks involved? What is the worst-case scenario?" Another community member, ElliotNess, criticized the proposal for failing to address potential risk factors: "This is a disappointing low-quality ARFC from two service providers that does not delve into any potential conflicts... Frankly, every non-hardcoded asset listed on the Aave protocol could be said to be so." ElliotNess questioned the rationale behind pegging USDE to USDT and suggested that if Aave plans to hardcode the price of USDe, it might as well peg it directly to $1.00 to completely avoid secondary market price deviations. The proposal is in the early discussion stage and has not yet opened for formal voting. (Cointelegraph) Ethena Labs founder Guy Young posted a photo discussing with Aave founder Stani on X, stating: "Aavethena is a great proof of concept, Arcthena will scale DeFi by 10 times." In response, users below inquired about the timeline, and Guy's reply was within 1-3 months.

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