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The AAVE community is debating the inclusion of Dogecoin (DOGE) as a collateral option, with arguments centered around DOGE's high market cap and popularity versus its volatility. A consensus has not been reached, indicating ongoing discussions.
The discussion primarily revolved around the potential inclusion of Dogecoin (DOGE) as a collateral option in AAVE. The idea was initially proposed by Lameman, who highlighted the high market cap and popularity of DOGE as compelling reasons for its consideration1.
The community seemed to be divided on this issue, with some members expressing concerns about the volatility and unpredictability of DOGE. However, the proponents of the idea argued that the high market cap and widespread acceptance of DOGE could potentially outweigh the risks associated with its volatility.
In conclusion, while the idea of including DOGE as a collateral option in AAVE has been proposed and discussed, a consensus has not yet been reached. The community continues to weigh the potential benefits against the risks, and further discussions are expected to take place.
Posted 2 years ago
Last reply 2 years ago
Summary updated 2 months ago
Last updated 03/12 14:23