Proposal overview
CRV Aave V2 Ethereum LT Reduction
Simple Summary
A proposal to reduce Liquidation Threshold (LT) for CRV on Aave V2 Ethereum.
Motivation
Following the CRV V2 Ethereum Deprecation Plan approved by the community and given the current market conditions and protocol usage, Chaos Labs and Gauntlet aligned on a 2% LT reduction.
The individual analyses and considerations can be found in the forum discussion.
Specification
| Asset | Parameter | Current Value | Recommendation | Change |
|---|---|---|---|---|
| CRV | LT | 47 | 45 | -2% |
References
- Implementation: Ethereum
- Tests: Ethereum
- [Snapshot](Direct to AIP)
- Discussion
Copyright
Copyright and related rights waived via CC0.
Your voting info
Voting results
YAE
559,562
AAVE100.00%
NAY
21
AAVE<0.01%
Votes
State
Executed
Executed on
Sep 27, 2023Quorum
Reached
Current votes
Required
559.56K
320.00K
Differential
Reached
Current differential
Required
559.54K
80,000.00
Total voting power
16,000,000
Proposal details
Created
Block
22 Sep 2023, 17:00 UTC +00:00
18192728
Started
Block
23 Sep 2023, 17:12 UTC +00:00
18199928
Ended
Block
26 Sep 2023, 09:12 UTC +00:00
18219128
Executed
27 Sep 2023, 09:42 UTC +00:00
Author
Chaos Labs