Aave Community Urges Caution on Proposed WBTC Restrictions

Foresight News reports that the Aave community is urging caution in response to a proposal by LlamaRisk to limit WBTC. Marc Zeller, founder of the Aave Chan Initiative (ACI), stated, "LlamaRisk's proposed plan is too harsh, and we will not vote in favor. WBTC users are legitimate users of the Aave protocol, and ACI will not support anything that harms them unless absolutely necessary. ACI favors diversity and will support Aave expanding its support for BTC-backed tokens, including tBTC and Coinbase's cbBTC. We do agree with the sentiment of limiting wBTC growth by reducing the supply cap."

Currently, Aave has not taken any action to offline or adjust any wBTC-related parameters.