PANews|Nov 13, 2025 10:12
[Aave Proposes Removing Collateral Eligibility for Volatile Tokens like CRV, UNI]
According to DeFi researcher Ignas, Aave is voting to set the LTV of tokens such as CRV, UNI, $ZK, BAL, LDO, 1INCH, METIS, and CAKE to 0 and remove their borrowing functionality due to risks of bad debt caused by oracle price spikes of 15%–50% during a single update and delayed price feeds during the crash on 10/10 (early morning of 10/11 Beijing time). Ignas pointed out that there was a price discrepancy of about 58% between Chainlink's price feed and DEX prices, leading to ~$200K being arbitraged. Over the past three months, the collateral revenue from these assets totaled approximately $14K, while borrowing revenue was low (e.g., CRV annualized at ~$80K). Ignas, as a delegate, has already voted in favor of the proposal.
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