PANews reported on November 13th that, according to DeFi researcher Ignas, Aave is voting to set the LTV of tokens such as $CRV, $UNI, $ZK, $BAL, $LDO, 1INCH, $METIS, and $CAKE to 0 and remove lending services due to a 15%–50% jump in a single oracle update during the crash on October 10th (early morning of October 11th Beijing time) and the risk of bad debt caused by delayed price feeds. Ignas pointed out that there was a price difference of about 58% between Chainlink price feeds and DEX prices, resulting in ~$200K of funds being arbitrageurized; the total staking income of these assets in the past three months was about $14K, and the borrowing income was low (e.g., CRV annualized ~$80K). He himself, as a delegator, has voted in favor.PANews reported on November 13th that, according to DeFi researcher Ignas, Aave is voting to set the LTV of tokens such as $CRV, $UNI, $ZK, $BAL, $LDO, 1INCH, $METIS, and $CAKE to 0 and remove lending services due to a 15%–50% jump in a single oracle update during the crash on October 10th (early morning of October 11th Beijing time) and the risk of bad debt caused by delayed price feeds. Ignas pointed out that there was a price difference of about 58% between Chainlink price feeds and DEX prices, resulting in ~$200K of funds being arbitrageurized; the total staking income of these assets in the past three months was about $14K, and the borrowing income was low (e.g., CRV annualized ~$80K). He himself, as a delegator, has voted in favor.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more