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Aave community launches ARFC proposal voting for "Arbitrum USDC Migration"

Aave community launches ARFC proposal voting for "Arbitrum USDC Migration"

CointimeCointime2023/11/10 09:36
By:Cointime

On November 10th, Snapshot page shows that the Aave community has initiated a vote for the ARFC proposal "Arbitrum USDC Migration". The vote will end on November 12th, and the current support rate is 35.96%. The proposal was put forward by Gauntlet, suggesting adjustments to the parameters of Aave-related pools on Arbitrum to facilitate the community's migration from bridged USDC.e to native USDC. Gauntlet proposes the following adjustments: "freeze" the USDC.e pool, increase the USDC supply limit to 50 million coins, and increase the USDC borrowing limit to 45 million coins.

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