Aave founder Marc Zeller has proposed new risk parameters on Polygon in response to plans to farm over $1 billion in stablecoin reserves. Update Dec. 16 at 8:52 pm UTC: This article has been updated ...
The initial proposal from Morpho Labs and Allez Labs sought to capture a 7% yield from stablecoins held in Polygon’s proof-of-stake bridge. Stani Kulechov, founder and CEO of Avara — the parent entity ...
The Aave community is deliberating the possibility of ceasing operations on Polygon, citing concerns over an upcoming review of the risk profile of bridged assets on the network. A Dec. 13 proposal ...
Stani Kulechov, CEO and founder of Avara, the parent entity for the suite of Aave companies, recently backed a proposal to drop support for Polygon markets from the Aave platform. The proposal to drop ...