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Aave community votes to pass the "Abandon Stable Rate Mode" ARFC proposal

Aave community votes to pass the "Abandon Stable Rate Mode" ARFC proposal

2024/02/27 01:51

On February 27th, according to the Snapshot governance page, the Aave community voted in favor of the "Abandon Stable Rate Mode" ARFC proposal. The proposal suggests completely abandoning the stable rate mode in Aave v2 and v3, and switching all user positions to floating rates.

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