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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%.

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