The Aave community voted to approve the proposal “Add FXS to the V3 Liquidity Pool on Ethereum”
Official Governance Page shows that the Aave community has voted in favor of the proposal to "Add FXS to the Ethereum V3 Liquidity Pool." It is proposed to add the Frax Finance token FXS to the Aave V3 liquidity pool, diversify GHO's collateral assets, set the debt ceiling at $4 million, and set the maximum loan-to-value ratio (LTV) at 35%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ApeChain and its official cross-chain bridge are now online
Today's Fear and Greed Index dropped to 73, and the level is still Greedy
Market Analysts Warn Dogecoin Could Be Overbought Following Recent Rally
Solana Co-Founder Highlights Key Differences in Congestion Management with Ethereum