thanks @ChaosLabs for this valuable summary.
The ACI will sound like a broken record, but we still believe the most viable strategy is to reduce LT every week until LT reaches zero gradually.
This will be predictable and will allow borrowers to reduce debt in the least painful manner gradually.
The ACI favors a “soft” program that doesn’t exceed 3-5% reduction per week allowing a bit more than a quarter to reduce the CRV collateral for the debt to zero.
Once the situation is normalized, CRV should only have a future in V3, and V2 users should be encouraged to adopt V3 by raising RFs & gradual reduction of LT on all V2 assets.