Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Gauntelet launches proposal to “restart v3 CRV lending on ETH/Polygon”

Gauntelet launches proposal to “restart v3 CRV lending on ETH/Polygon”

CointimeCointime2023/11/24 12:00
By:Cointime

DeFi risk manager Gauntlet has proposed to restart Aave v3 CRV lending on ETH/Polygon in the Aave community. The motivation for the proposal is due to the large number of CRV positions on Aave v2 during the Vyper vulnerability exploit. As a result, Ethereum and Polygon v3 disabled CRV lending, hoping to reduce the downward trend in CRV prices. Currently, most high-risk CRV positions have left, so Gauntlet proposes to restart CRV lending. The proposal will end at 04:07 on November 25th Beijing time. As of now, the required number of votes has been reached, and the approval rate is 99.98%.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Donald Trump Allegedly to Appoint Another Cryptocurrency Industry Figure to a High-Level Position in His Administration

US President-elect Donald Trump will allegedly include another cryptocurrency friend in the new administration.

Bitcoinsistemi2024/11/24 23:55

Bitcoin’s Epic Rise Panics the Owner of the Largest Gold ETF – He Talks About BTC

Following the recent major increase in the Bitcoin price, statements came from the owner of the gold ETF.

Bitcoinsistemi2024/11/24 23:55