The discussion primarily revolved around an error that occurred due to AIP 55, which was intended to enable FEI as collateral with specific parameters. However, as Pauljlei pointed out, the changes were mistakenly applied to ENJ instead of FEI, leaving FEI's risk parameters unchanged and FEI not being enabled as collateral¹. This error led to a surge in liquidations, a concern raised by Neptune, who also suggested broader communication about the issue².

In response to the concerns, Pauljlei announced that an on-chain vote has been posted to revert the ENJ parameter changes and enable FEI as collateral. They also committed to providing more details about the liquidations and the error, as well as the steps being taken to prevent such errors in the future³. Further, Pauljlei updated that they are investigating the impact of the issue and exploring options for recourse for affected users, with an internal review underway to prevent such issues in the future⁴.

In a final update, Pauljlei shared that an investigation of on-chain liquidation data has been conducted to assess the effect of AIP 55. They promised to provide transaction-level data, results of the analysis, and a detailed recourse plan for potentially impacted Aave users⁵. This indicates a proactive approach to rectify the error and mitigate its impact, demonstrating a commitment to transparency and user protection.