Aave V4 Proposal Would Put DAO Funds First in Line to Absorb Lending Losses
Aave V4 Umbrella Proposal Introduces Bad-Debt Backstop for Core Lending Markets Aave V4 lenders supplying wrapped Ether (WETH), USDC, or USDT to the protocol’s Core liquidity Hub on Ethereum would gain a bad-debt backstop under a September 11 proposal from governance delegate TokenLogic. The “Umbrella” framework designates the Aave DAO as the first line of ...