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The Aave community initiates a vote on the ARFC proposal "Gauntlet renews its contract with Aave for 12 months"

The Aave community initiates a vote on the ARFC proposal "Gauntlet renews its contract with Aave for 12 months"

CointimeCointime2023/11/29 05:06
By:Cointime

Aave community initiated the ARFC proposal vote for "12-month partnership agreement renewal between Gauntlet and Aave", which will end on December 2. DeFi risk manager Gauntlet launched the proposal to continue market risk management, aiming to maximize capital efficiency and reduce bankruptcy and liquidation risk, thereby achieving long-term sustainable development. In December last year, Gauntlet renewed its partnership with Aave, which will continue until December 28, 2023. The features provided by Gauntlet will cover Aave V2, AaveV3, GHO (new), and Insolvency Refund; the annual fee is $1.6 million, of which 50% will be paid in GHO and the remaining 50% will be paid in aUSDT.

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