Babylon’s Bitcoin Collateral Plan Moves Ahead in Aave Governance
Edited by Steinar Vigdel Kolnes, Editor, Oslo
A proposal to add native Bitcoin collateral to Aave V4 has reached another governance stage, with additional votes and security reviews still required.
Babylon’s plan to enable native Bitcoin collateral on Aave V4 has progressed to a new stage of governance consideration, according to Cointelegraph.
The proposal would bring native Bitcoin into Aave V4’s lending framework as collateral. Its advancement marks a step in the review process, rather than approval for launch.
Further governance votes and security assessments are still needed before the proposed integration can go live.
Source: Cointelegraph
