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May 31 - YOLO with Symphony Finance 🎵, HackMoney Winners, Aave Seatbelt, Boosted DAI Rewards, & More

Aave was only on one chain Spotlight 🔦 | Risk 🔎 | Protocol 📰 | Ecosystem 🧉 | Governance ⚖️ | Events 📆 | Hey Anon 👻

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Spotlight: Symphony Finance 🔦

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Risk 🔎

Risk Parameter Updates:

Gauntlet proposes adjusting nine (9) total risk parameters, including LTV, Liquidation Threshold, and Liquidation Bonus across three (3) Aave V2 assets.

In addition, this ARC proposes adjusting two (2) total risk parameters, including LTV and Liquidation Threshold, across one (1) Aave Arc (Fireblocks) asset. These parameter updates represent Gauntlet’s first set of parameter updates for the Aave Arc market.

This batch update of risk parameters aligns with the Moderate risk level chosen by the Aave community. These parameter updates are a continuation of Gauntlet’s regular parameter recommendations. Following the recent market crash, our simulation engine has ingested the latest market data to recalibrate parameters for the Aave protocol. Please note that this set of parameter changes will be lowering liquidation threshold for LINK and WETH. Voting for these parameter changes will begin on Tuesday, May 31.

Aave V2 Parameter Changes Specification:

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Aave Arc (Fireblocks) Parameter Changes Specification:

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Protocol 📰

Ecosystem

Governance

On-chain votes:

Snapshot votes:

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Events 📆

Hey Anon 👻

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