SpaceX Share Unlock Raises Questions for Aave Collateral Plan
Edited by Steinar Vigdel Kolnes, Editor, Oslo
LlamaRisk proposes a 55% collateral factor and a 37,000-token cap as a SpaceX share unlock looms over an Aave collateral proposal.
An upcoming SpaceX share unlock is drawing attention to a collateral proposal on Aave, according to The Defiant.
LlamaRisk recommends setting the collateral factor at 55% and limiting the proposed asset to 37,000 tokens. These parameters would constrain borrowing capacity and the amount accepted under the proposal.
Larger liquidations would rely on redemptions or hedging through derivatives, making those mechanisms important to the proposal’s risk assessment. The supplied report does not indicate whether the recommendations have been approved.
Source: The Defiant
