Aave community

  • The “rescue plan” proposal of Aave DAO to save lost tokens was approved by 99.9% of the affirmative votes

    It is reported that the voting proposal of “long-term executor of the first phase of the rescue mission” launched by the loan agreement Aave community has been approved, with the proportion of affirmative votes exceeding 99.9%. Only one user uses a single AAVE token to vote against the proposal. This means that the tokens sent by the community members to the wrong address will be “rescued”. According to the proposal data, about $2.18 million of tokens will be recovered, including LEND, AAVE, UNI, USDT, stkAAVE, etc., of which more than…

    03/11/2023
    280
  • The Aave community launched a proposal aimed at freezing the BUSD reserves in the Aave V2 Ethereum market

    On February 13, the Aave community launched a proposal aimed at freezing the BUSD reserves in the Aave V2 Ethereum market. The proposal believed that the circulation and supply of BUSD assets would eventually close to zero. Since there is no real growth prospect, the failure to forge a new BUSD may damage the arbitrage opportunities and asset linkage. Interpretation of this information: The Aave community has put forth a proposal to freeze the reserves of BUSD in the Aave V2 Ethereum market. This stems from concerns that the circulating…

    02/13/2023
    176