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      Aave Labs Proposal: V4 Builds Isolated Hub, Custodied Assets Can Serve as Stablecoin Lending Collateral

      PANews, September 16 news, according to the Aave governance forum, Aave Labs released an ARFC proposal on September 14, planning to deploy a new Aave V4 isolated Hub and Spoke, introducing institutionally custodied assets into the protocol as collateral for borrowing stablecoins. The first instance is BTC held in Anchorage custody, with Anchorage holding the underlying collateral throughout the full loan lifecycle. The collateral ratio, liquidation penalty, supply and borrowing caps, interest rate model, and oracle configuration will be provided by DAO risk service providers in a subsequent AIP. The proposal needs to go through a three-step process: ARFC opinion collection, Snapshot voting, and AIP.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud