The Aave community voted to pass the ARFC proposal "Gauntlet renews its contract with Aave for 12 months"

The Aave community has voted to approve the ARFC proposal "Gauntlet and Aave renew the 12-month cooperation agreement", with a final support rate of 66.07%. It is reported that DeFi risk manager Gauntlet launched the proposal for continuous market risk management, aiming to maximize capital efficiency and reduce bankruptcy and liquidation risks, thereby achieving long-term sustainable development. Last December, Gauntlet renewed its partnership with Aave, which will last until December 28, 2023. The functions provided by Gauntlet will cover Aave V2, AaveV3, GHO (new) and Insolvency Refund; the annual fee is US$1.6 million, of which 50% will be paid in GHO and the remaining 50% will be paid in aUSDT.