# Areta Delegate Platform **URL:** \ **Category:** Delegate Platforms\ **Created:** [February 28, 2024, 6:27pm UTC](https://governance.aave.com/t/areta-delegate-platform/16780 "2024-02-28T18:27:49Z")\ **Posts on this page:** 1\ **Showing post:** 34
**Author:** ![sid\_areta](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/sid_areta/32/5220_2.png) [@sid\_areta](https://governance.aave.com/u/sid_areta)\ **Post date:** [March 18, 2024, 4:11pm UTC](https://governance.aave.com/t/areta-delegate-platform/16780/34 "2024-03-18T16:11:39Z")
**[ARFC] Stablecoin IR Curve Amendment on Aave V2 and V3** _Vote Result_: YES - AGGRESSIVE _ **Rationale** _ This proposal will align rates with market demand and brings Aave in line with other protocols, enabling Aave to be competitive in this market. The recommendation to increase rates to 14% makes sense, since this will mitigate short-term rate volatility (of which there is a lot at the moment) and will discourage deviations above uOptimal, which has been happening quite a lot recently. Slope1 can be reduced as and when sDAI rates revert or decrease over time, but it is more important to mitigate volatility at the moment and ensure Aave’s competitiveness with the DSR, Spark, and other protocols. Increasing the borrow rate will also increase revenue for the protocol, which is key to capture in this market. Increasing uOptimal to 92% also makes sense given that the utilisation rate is above the current uOptimal and has remained so over the last few months. Therefore, we will vote YES in favour of the AGGRESSIVE option. --- _[View the full topic](https://governance.aave.com/t/areta-delegate-platform/16780)._