CRV V2 Ethereum Update
As an update, over the past 24 hours, account 0x7a16ff8270133f063aab6c9977183d9e72835428 has repaid 10M USDT and withdrawn nearly 90M CRV.
With this, the CRV market on Aave V2 Ethereum is now in a much healthier state. Furthermore, the market boasts ample on-chain liquidity to facilitate healthy liquidations even in the face of substantial price volatility.
Moving forward, to reduce governance overhead, we intend to include recommendations for further CRV LT reductions within the broader Aave V2 markets deprecation plan.