Aave governance is considering whether borrowers should be able to extract more capital against some of the protocol’s largest collateral assets.
A new ARFC proposes higher loan-to-value and liquidation-threshold parameters across assets including WETH, WBTC, cbBTC, wstETH and weETH.
One of the headline changes would take WETH to an 81% loan-to-value ratio with an 84% liquidation threshold.
In practical terms, that would allow users to borrow more against the same amount of collateral before reaching the point where liquidation risk becomes critical.
The proposal covers deployments across Ethereum, Base and Arbitrum and is framed as a capital-efficiency adjustment based on current risk analysis.
More borrowing power is attractive to users, but collateral settings are among the most sensitive variables in a lending protocol.
Raising LTV increases capital efficiency while narrowing the distance between maximum borrowing and liquidation.
That is why the proposal is moving through Aave’s ARFC process rather than being applied immediately.
The numbers being discussed are proposed parameters, not live settings.
If governance eventually approves them, the change would make some of Aave’s most established collateral assets more efficient for borrowers. Until then, existing market parameters remain in force.
This article was written by the News Desk and edited by Samuel Rae.
On Tuesday, the decentralized oracle network Chainlink announced a strategic partnership with Infosys, the information technology (IT) giant. Chainlink detailed that the companies are teaming
Solana price is trading near $117.38 after recovering strongly from its recent lows. With SOL now testing the crucial $118–$120 resistance zone, traders are watching
A malicious iOS app distributed through Apple’s App Store has been linked to nearly $580,000 in stolen crypto after researchers found it contained multiple kernel exploits capable of escaping Apple’s sandbox and accessing sensitive wallet data.According to an investigation published by blockchain security firm SlowMist, the app, called FomoPeek, introduced two malicious modules that could exploit iOS vulnerabilities, gain elevated privileges and access Keychain data and files belonging to other apps. SlowMist said the affected versions were released on Sept. 9 and Sept. 12, while version 1.3, released Sept. 17, removed the malicious components.SlowMist said its investigation, conducted with the OKX security team, began after it received reports from users who had suffered asset theft and found that some had previously installed the affected FomoPeek versions.The exploit framework included eight attack methods and declared support for iOS versions ranging from 12.0 to 18.7.2 and 26.0 to 26.1.SlowMist’s onchain analysis identified a primary hacker address associated with the incident that received about 579,984 USDT. The firm said the address became active on Sept. 15 and that the stolen funds involved multiple blockchain networks before being consolidated and transferred through several addresses and services.SlowMist said portions of the funds were transferred toward services including FixedFloat, KuCoin and cce.cash, while other funds were dispersed through additional addresses that the firm continued to trace.Cointelegraph reached out to Apple, SlowMist and OKX for comment but did not receive a response before publication.Related: Hugging Face hack exposes the open-weight AI cybersecurity paradoxCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Iran’s conditions for ending hostilities could reshape U.S.-Iran relations, with Qatar’s mediation highlighting potential diplomatic breakthroughs. The post Iran sets conditions for ending US hostilities,
Blockchain Bodega is here and you know the vibes. We’re at the intersection of hip-hop culture and web3, exploring this new digital frontier. Who better to guide you through these uncharted lanes than Ock Chain – The Bitcoin Boss and the Consensus Corner Boys?
Ock Chain doesn’t just cook up random details about cryptocurrency; he lives it. Ock’s been deep in the game since Bitcoin was just a baby.
And let’s not forget about the Consensus Corner Boys. They’re our skilled crew of blockchain enthusiasts. They’re here to educate, entertain, and enlighten.
Welcome to Blockchain Bodega!
Copyright © 2023 Blockchain Bodega. All rights reserved.