LBS Blockchain Society Delegate Platform

[ARFC] Gauntlet Recommendation on TUSD for Aave v2 Ethereum

Vote Result: Lower LT

Rationale

Given the current FUD in the market surrounding TUSD, as well as the seen behaviour of borrowing on Aave v2 Ethereum, it makes sense to cap the parameters of TUSD up till such a time the market stabilises. Freezing it is potentially too aggressive of a scenario given there hasn’t been any proven data on the asset actually depegging. Therefore, we will vote YES in favour of reducing the LTV and LT of TUSD.