Aave V4 proposal would put DAO funds first in line to absorb lending losses
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Aave V4 lenders who supply wrapped Ether (WETH), USDC, or USDT to its Core Liquidity Hub on Ethereum will receive a bad-debt backstop under a policy announced in a September 11 proposal from TokenLogic. The Umbrella plan would put Aave’s DAO first in…