Chaos Labs proposes lowering CRV liquidation threshold on Aave V3 Polygon

Chaos Labs launched a proposal to "reduce the CRV liquidation threshold (LT) on Aave V3 Polygon" in the Aave Governance Forum. As market liquidity for CRV has dropped significantly, the proposal aims to address this issue by lowering the liquidation threshold for CRV on Aave V3 Polygon; the goal is to reduce CRV-related risk exposure and reduce its borrowing capacity, allowing it to be more accurately Be consistent with existing market conditions and other deployed parameters. Chaos Labs recommends reducing its LT by 15%, from 65% to 50%. Chaos Labs noted that the next step will be to submit ARFC for snapshot voting for final approval based on community feedback. If consensus is reached, an Aave Improvement Proposal (AIP) will be submitted to implement the proposed update.