Aave Launches Proposal to Lower CRV LT, LTV and Debt Ceiling on Ethereum and Polygon

Odaily Planet Daily News The Aave governance page shows that the proposal to reduce CRV LT, LTV and debt ceiling on Ethereum and Polygon has been initiated and will end within 9 hours. The details of the proposal are as follows: On Ethereum, CRV LT has been reduced from 61% to 41%, LTV has been reduced from 55% to 35%, and the debt ceiling has been 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%.