Re-enable ETH Borrowing
Re-enable ETH borrowing in the Aave V2 Ethereum market.
AIP-97 paused ETH borrowing on the Aave V2 Ethereum market to mitigate the risk of high utilization ahead of the Ethereum Merge. Now that the Ethereum Merge has passed, this proposal re-enables ETH borrowing to revert the market back to normal conditions.
Full details are provided in the original forum post.
Given the timing of the Merge, this proposal allows for a few days of monitoring post-Merge before this proposal can be executed. Should conditions turn undesirable, voters should vote No, and this proposal should be canceled.
- The proposal calls
enableBorrowingOnReservewith the parameters
0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2(WETH address on mainnet) and
Copyright and related rights waived via CC0.
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