{"id":80438,"date":"2023-06-19T17:49:10","date_gmt":"2023-06-19T14:49:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80438"},"modified":"2025-09-11T17:00:44","modified_gmt":"2025-09-11T14:00:44","slug":"aave-community-votes-against-gauntlet-proposal-to-freeze-crv-collateral","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/aave-community-votes-against-gauntlet-proposal-to-freeze-crv-collateral\/","title":{"rendered":"Aave community votes against Gauntlet proposal to freeze CRV collateral"},"content":{"rendered":"<p>The Aave community unanimously <a href=\\\"https:\/\/app.aave.com\/governance\/proposal\/?proposalId=246\\\">\u043f\u0440\u043e\u0433\u043e\u043b\u043e\u0441\u043e\u0432\u0430\u043b\u043e \u043f\u0440\u043e\u0442\u0438\u0432<\/a> \u043f\u0440\u0435\u0434\u043b\u043e\u0436\u0435\u043d\u0438\u044f \u043a\u043e\u043c\u0430\u043d\u0434\u044b Gauntlet \u043e \u0431\u043b\u043e\u043a\u0438\u0440\u043e\u0432\u043a\u0435 \u043a\u0440\u0435\u0434\u0438\u0442\u043d\u043e\u0433\u043e \u043e\u0431\u0435\u0441\u043f\u0435\u0447\u0435\u043d\u0438\u044f \u0432 \u0442\u043e\u043a\u0435\u043d\u0430\u0445 Curve DAO (CRV) \u0432\u043e \u0432\u0442\u043e\u0440\u043e\u0439 \u0432\u0435\u0440\u0441\u0438\u0438 \u043f\u0440\u043e\u0442\u043e\u043a\u043e\u043b\u0430.<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/gauntlet-proposes-aave-freeze-on-curve-founders-collateral-worth-290-million-crv\">\u043f\u0440\u0435\u0434\u043b\u043e\u0436\u0438\u043b<\/a> \u0437\u0430\u043c\u043e\u0440\u043e\u0437\u0438\u0442\u044c CRV \u0438 \u0441\u043d\u0438\u0437\u0438\u0442\u044c \u0441\u043e\u043e\u0442\u043d\u043e\u0448\u0435\u043d\u0438\u0435 \u043a\u0440\u0435\u0434\u0438\u0442\u0430 \u043a \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u0438 \u0430\u043a\u0442\u0438\u0432\u0430 \u0434\u043e \u043d\u0443\u043b\u044f. <\/p>\n<p>Gauntlet drew a loan of about $67.7 million in stablecoins collateralized by CRV. Analytical services tag the wallet of this user as linked to founder <a href=\"https:\/\/forklog.com\/en\/news\/what-is-curve\">Curve Finance<\/a> Michael Egorov.<\/p>\n<p>On June 10, the address deposited to Aave V2 <a href=\"https:\/\/forklog.com\/en\/news\/curve-finance-founder-raises-aave-deposit-to-187-million\">an additional 38 million tokens<\/a>. The collateral value reached 290 million CRV (~$185 million) or about 34% of the asset&#8217;s circulating supply.<\/p>\n<p>Experts argued that freezing the funds could prompt Egorov to reduce the loan amount or diversify the collateral to &#8220;protect Aave from accumulating bad debts as a result of a potential decline in CRV token liquidity&#8221;.<\/p>\n<p>Additionally, locking the coins would simplify transferring the loan to Aave v3.<\/p>\n<p>According to <a href=\\\"https:\/\/debank.com\/profile\/0x7a16ff8270133f063aab6c9977183d9e72835428\\\">DeBank<\/a>, at the time of writing the position&#8217;s &#8216;health factor&#8217; for Egorov stands at 1.69. This indicates no immediate risk \u2014 liquidation occurs at a value of 1.<\/p>\n<p>Earlier this May, Aave <a href=\"https:\/\/forklog.com\/en\/news\/aave-community-to-vote-on-integrating-coinbases-base-l2-solution\">launched<\/a> the &#8216;temperature check&#8217; for integrating Coinbase&#8217;s <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">Layer-2 solution<\/a> Base.<\/p>\n<p>In April, the Aave community <a href=\"https:\/\/forklog.com\/en\/news\/aave-community-backs-deployment-of-aave-v3-on-zksync-era\">supported<\/a> the deployment of the protocol on the zkSync Era network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Aave community unanimously voted against the Gauntlet team&#8217;s proposal to lock collateral in Curve DAO (CRV) tokens in protocol v2.<\/p>\n","protected":false},"author":1,"featured_media":80439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1212,1426],"class_list":["post-80438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-aave","tag-curve-crv"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=80438"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80438\/revisions"}],"predecessor-version":[{"id":80440,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80438\/revisions\/80440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/80439"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=80438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=80438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=80438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}