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Polygon community evaluating proposal to use over $1 billion in stablecoin reserves – What to expect
The industry players suggested gradually deploying bridge liquidity for the stablecoins into an ERC-4626 vault. Each asset in the program was proposed to be activated by an independent PIP.
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Aave contributor proposes abandoning Polygon amid its ‘risky’ bridge proposal
The proposal suggests a very gradual deployment of bridge liquidity for USDC, USDT, and DAI into a corresponding ERC-4626 vault. All vault reserves are to be stored in Maker’s sUSDS, the ...