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Aave community votes to pass the "Abandon Stable Rate Mode" ARFC proposal

Aave community votes to pass the "Abandon Stable Rate Mode" ARFC proposal

2024/02/27 01:51

On February 27th, according to the Snapshot governance page, the Aave community voted in favor of the "Abandon Stable Rate Mode" ARFC proposal. The proposal suggests completely abandoning the stable rate mode in Aave v2 and v3, and switching all user positions to floating rates.

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.

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