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Aave community initiates on-chain voting for the proposal Disable Stable Lending Rates

2023-11-06 01:46
The Odaily news governance page shows that the Aave community is conducting on-chain voting on the proposal to disable stable lending rates and the voting will end on November 8. The proposal disables stable lending rates for all assets in all pools on all networks. Additionally, it unfreezes assets previously frozen by the freeze steward. The proposal states: In response to the attack vector reported by white hat hackers, we took immediate steps to protect the Aave market by suspending and freezing the affected market. The proposal would revoke these freezes and implement permanent fixes. Where applicable The pool will be restarted through Guardian.” Yesterday, Defi protocol Aave stated that they had received problem reports regarding certain functions of the Aave protocol. As verified by community developers, temporary precautionary measures have been taken: - Suspension of the Aave V2 Ethereum market; - Suspension of certain assets on Aave V2 on Avalanche; - Freezing of certain assets on Aave V3 on Polygon, Arbitrum, Optimism; Ether The Aave V3 markets on Fang, Base and Metis and the V2 markets on Polygon and Avalanche are not affected. Funds on any Aave market are risk-free.