🧩 Aave governance is reviewing emission budgets and liquidity targets for the Umbrella market protection mechanism.
The proposal adjusts incentive structures for USDC, USDT, GHO, and ETH markets to better align with current risk profiles and market conditions.
Active loan volumes in Umbrella markets have declined, prompting the re-evaluation. Emission parameters for several Aave V3 chains still require further verification as the proposal moves forward.
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