Aave Takes Risk Measures for WBTC! 🚨
- LlamaRisk on the Aave governance forum has presented a new proposal to mitigate risks due to BitGo’s WBTC custody changes.
- The proposal includes reducing WBTC’s loan-to-value ratio (LTV) to 0 and reducing supply and borrowing limits.
- The goal is to maintain the stability of existing users and prevent potential risks. 🔍
Be careful in the crypto world! 🌐