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AAVE Aave's new governance proposal: Close V3 markets on six blockchains and eliminate dozens of underperforming tokens
A new Aave governance proposal proposes to close the lending agreement's V3 markets on six blockchains and eliminate dozens of underperforming token projects. These markets involve supply assets worth $98.1 million and outstanding debt of $15.6 million.
What is more noteworthy is the evaluation criteria. Currently, Aave has set a clear revenue threshold for blockchain deployment, and multiple existing markets are far from meeting this standard.
Standard upgrade: Revenue thresholds become rigid indicators
The core of the proposal is that Aave now requires each blockchain deployment to reach a certain revenue level or face closure. This standard means that many previously active but low-yielding markets will be cleaned up.
