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The Aave community voted to approve the ARFC proposal to “abandon the stable interest rate model”

The Aave community voted to approve the ARFC proposal to “abandon the stable interest rate model”

CointimeCointime2024/02/27 01:50
By:Cointime

According to Snapshot's governance page on February 27th, the Aave community voted to pass the ARFC proposal to "abandon the stable interest rate mode". The proposal suggests completely abandoning the stable interest rate mode in Aave v2 and v3, and switching all user positions to floating interest rates.

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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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