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The discussion focused on Gyoung's proposal to raise the SNX LTV on AAVE from 15% to 25%, based on SNX's strong performance and updated collateral ratio. The proposal, supported by Emilio and Alex_BertoG, could potentially become an Aave Improvement Proposal (AIP) following community feedback via an Aave Request for Comment (ARC).
The discussion primarily revolved around the proposal by Gyoung to increase the SNX LTV on AAVE from 15% to 25%. This suggestion was based on the updated collateral ratio on mintr and SNX's strong price performance history. The proposal was met with support from Emilio, who highlighted the simplicity of the submission process as it was merely a risk configuration adjustment.
Further agreement came from Alex_BertoG, who, while advocating for the increase, also emphasized the need for maintaining conservative risk parameters. He proposed an LTV of 25% and a Liquidation Threshold of 45%. Additionally, he suggested that Gyoung's post could serve as an Aave Request for Comment (ARC) to gather community feedback. If the proposal garners enough support, it could potentially lead to an official Aave Improvement Proposal (AIP).
In conclusion, the topic centered around the potential increase of the SNX LTV on AAVE, with a general consensus towards a conservative increase. The next steps would involve gathering community feedback through an ARC, which could potentially lead to an AIP if the proposal gains enough traction.
Posted 3 years ago
Last reply 3 years ago
Summary updated 2 months ago
Last updated 04/12 00:18