Homepage Forums Home Web3 Short News AaveDAO proposes 12% reduction in LTV

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        AaveDAO has proposed a 12% reduction in Loan-To-Value ratio of DAI stable coin to mitigate the risks of aggressive plans of MakerDAO. MakerDAO has recently minted 600 million DAI and transferred to DeFi lending protocol Morpho to lend against eUSD which is a highly risky asset for backing. MakerDAO aims to make this number 1 billion.

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