An Aave proposal for native Bitcoin lending has passed the ARFC vote.
Babylon said the ARFC has approved the proposal, which includes a proposed credit limit. A limited-scope mainnet launch is still required.
· Liquidation risk remains unresolved on this path. The proposal must clear both the credit limit and mainnet launch hurdles before it can be implemented.
· So far, only the proposal's progress has been made public; actual lending has not yet begun.
Once it officially launches, will you focus first on the credit limit or the liquidation parameters?
$BTC
Babylon said the ARFC has approved the proposal, which includes a proposed credit limit. A limited-scope mainnet launch is still required.
· Liquidation risk remains unresolved on this path. The proposal must clear both the credit limit and mainnet launch hurdles before it can be implemented.
· So far, only the proposal's progress has been made public; actual lending has not yet begun.
Once it officially launches, will you focus first on the credit limit or the liquidation parameters?
$BTC
