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Aave proposal to lower CRV LT, LTV, and debt ceiling on Ethereum and Polygon has been approved.

2023-08-09 03:03
According to the governance page, the proposal to reduce CRV LT, LTV, and debt ceiling on Ethereum and Polygon has been approved by 100% support. The changes are as follows:



On Ethereum, CRV LT is reduced from 61% to 41%, LTV is reduced from 55% to 35%, and the debt ceiling is reduced from $20 million to $5 million.



On Polygon, CRV LT is reduced from 75% to 65%, and LTV is reduced from 70% to 35%.