Aave proposes DAI risk changes to counter MakerDAO’s expansion. MakerDAO prepares for “Endgame' transformation in DeFi lending.
The proposal aims to lower risks with minimal user impact, as only a tiny portion of DAI is collateral on Aave, and users can switch to USDC or USDT.
This action aims to counteract MakerDAO’s recent aggressive D3M plan, which rapidly expanded the DAI credit line from zero to an estimated 600 million DAI within a month, potentially reaching 1 billion DAI soon.
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