$AAVE
Aave's native Bitcoin-collateral lending plan has cleared an early governance vote. The proposal includes $21M in Core Hub stablecoin credit lines and a 78% collateral factor, but final onchain approval is still required. AAVE supports protocol governance and risk decisions. Bitcoin-backed borrowing could expand DeFi, yet liquidation and bridge-settlement risks remain.
#AAVE #Bitcoin #DeFi
Aave's native Bitcoin-collateral lending plan has cleared an early governance vote. The proposal includes $21M in Core Hub stablecoin credit lines and a 78% collateral factor, but final onchain approval is still required. AAVE supports protocol governance and risk decisions. Bitcoin-backed borrowing could expand DeFi, yet liquidation and bridge-settlement risks remain.
#AAVE #Bitcoin #DeFi