EconomyAave proposal would raise Bitcoin-backed leverage, leaving 4.7% liquidation cushion
Aave governance has advanced a LlamaRisk proposal to raise maximum LTV for WBTC and cbBTC on Ethereum Core from 73% to 81% and the liquidation threshold from 78% to 85%. The change would reduce the collateral-price cushion to about 4.7%. The proposal reached Snapshot, but its vote and implementation were unverified at the reporting cutoff.
Aave proposal would raise Bitcoin-backed leverage, leaving 4.7% liquidation cushion
Economy