Aave community launches proposal to divest WBTC
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Odaily Odaily: Aave community member LlamaRisk initiated a proposal to strip WBTC. The specific proposals include: · Reduce WBTC LTV on all V3 instances (Ethereum, Arbitrum, Avalanche, Harmony, Optimism, and Polygon) to 0, preventing additional borrowing with WBTC collateral without affecting the positions of existing users. · 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.
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