LlamaRisk proposed to reduce the LTV for Wrapped Bitcoin (WBTC) to 0 and reduce the limits on Aave. This is due to BitGo's transition to a new WBTC storage and is aimed at providing stability for users. 🛡️
The changes will be implemented gradually to minimize risks. The positions of current users will remain untouched. Aave will collect community feedback and hold a vote for final approval. 📊