Aave V4 proposal would put DAO funds first in line to absorb lending losses
Aave V4 lenders supplying wrapped Ether (WETH), USDC or USDT to its Core liquidity Hub on Ethereum would receive a bad-debt backstop under a Sept. 11 proposal from TokenLogic. The Umbrella plan would put Aave’s DAO first in absorbing losses, followed by…