Aave DAO voters are currently deciding whether to grant limited V4 risk controls on Ethereum and Avalanche to Risk Stewards. The proposal would create emergency roles allowing pauses or freezes of assets and markets, but cannot reactivate, unhalt, unpause or unfreeze them. The Snapshot vote opened on Sept. 3 and is scheduled to close today, Sept. 6, but approval would still require Security Council execution to activate the system. Risk Stewards would face minimum cooldowns of 36 to 72 hours depending on the parameter, while emergency roles would be in place with zero delay but remain unusable in the current release. Aave currently ranks #38 by market cap and is up 2.27% over the past 24 hours.
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