Aave mulls Polygon exit over risky stablecoin proposal

The Aave community is evaluating a proposal to withdraw the lending protocol from Polygon’s Proof-of-Stake (PoS) chain. In the Dec. 16 proposal,  Marc Zeller, founder of Aave Chan, highlighted potential risks tied to Polygon’s plans to rehypothecate its stablecoin reserves while suggesting Aave should adjust risk parameters for its V2 and V3 deployments on the … Continue reading Aave mulls Polygon exit over risky stablecoin proposal