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ChaosLabs proposed enabling all stablecoins listed on V3 Ethereum to be borrowable in Isolation Mode, leading to a Snapshot vote and the publication of AIP-194. The outcome of this vote will potentially change how stablecoins are handled on the platform.
The discussion primarily revolved around the proposal by ChaosLabs to enable all stablecoins listed on V3 Ethereum as borrowable in Isolation Mode. The stablecoins in question, namely USDC, USDT, DAI, and LUSD, were chosen due to their low volatility. The proposal was to implement a single AIP, which would call setBorrowableInIsolation() on the assets on the PoolConfigurator contract.
A Snapshot vote was scheduled for this proposal on Monday, March 27th, 2023. Following a successful Snapshot, AIP-194 was published, with voting set to commence in 24 hours. This proposal and subsequent voting process marked a significant point in the discussion, as it could potentially change the way stablecoins are handled on the platform.
In conclusion, the discussion was a deep dive into the potential of stablecoins in Isolation Mode. The community showed active participation, with a Snapshot vote leading to the publication of AIP-194. The outcome of the vote will determine the future course of action regarding the borrowability of stablecoins listed on V3 Ethereum.
Posted 8 months ago
Last reply 8 months ago
Summary updated 2 months ago
Last updated 03/12 08:00