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Ethereum News July 2, 2023

The Aave community is conducting an on-chain vote on the proposal to “freeze TUSD reserves on the V2 Ethereum pool”

The governance page shows that the Aave community is voting on the AIP proposal of “freezing the TUSD reserve on the V2 Ethereum pool”. There are still 17 hours before the end of voting, and the current support rate is 83.76%.

According to the proposal, following the recent TUSD asset incident, it is proposed to freeze the TUSD reserve of the Aave V2 Ethereum pool, which will prevent users from depositing or borrowing TUSD on the Aave V2 Ethereum pool.

This will not affect current positions and users can still repay and withdraw TUSD from the Aave V2 Ethereum pool.

This AIP aims to take a conservative approach to the TUSD situation. It will allow the community to take a step back and assess the situation before making any further decisions.

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